The Japanese Ministry of Economy announced its intention to provide financial support worth 13 billion dollars for investing in the advanced electronic chips industry in the near future.
As Japan aims to reclaim its primary role in the electronic chips market, these new reports have emerged. Currently, countries like Taiwan, China, and the United States dominate this market.
According to Bloomberg, Japan confirmed its plans to invest this massive amount of money to enhance its capabilities in producing advanced electronic technologies domestically above all.
These reports indicate that the new funds will be used to strengthen Japan’s ability to work on designing and manufacturing the next generation of electronic chips, as well as to train advanced artificial intelligence systems.
A portion of the investments, in addition to the 13 billion dollars, will be allocated to the production of advanced components, manufacturing industrial gases, and training specialized engineers in the production of sophisticated electronic chips.
