Science & Technology

Japan to allocate $305 million in chip project with, US, South Korea

Tokyo, Jan 30 (EFE).- Japan will invest some JPY45 billion ($282 million) in a semiconductor project promoted by the county’s Nippon Telegraph and Telephones, American chip manufacturer Intel and South Korean counterpart SK Hynix.

The project aims to develop optical semiconductors that allow high-speed data processing with lower energy consumption and with the aim of gaining ground in this industry in the face of China’s growing influence in the sector.

“We hope that the project, by enabling faster communications and reducing energy consumption, will be a game-changer in the future,” Ken Saito, Japan’s economy minister, said at a press conference Tuesday.

The Japanese company is driving the development of optical semiconductors as a key technology for its innovative optical and wireless network, an advanced platform that delivers high-capacity communication with low delays.

This is the latest step by Japan to gain ground in the semiconductor sector, after it announced in October that it was going to allocate JPY192 billion in subsidies for a new semiconductor plant of American company Micron in the country.

Japan is trying to strengthen its semiconductor supply chains after the serious impact that problems in that area resulting from the Covid-19 pandemic had on its companies.

Japan has already allocated a subsidy of JPY476 billion for a factory of Taiwanese group TSMC in Kumamoto and another of JPY92.9 billion for a factory in Mie operated by Japanese company Kioxia and the US’ Western Digital. EFE


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