February 21, 2024 Japan has embarked on a monumental $67 billion initiative to reclaim its stature as a global semiconductor titan, with plans to spearhead the production of 2-nanometer chips by 2027. This strategic move is designed to capitalize on the current geopolitical climate and the pressing need for secure supply chains, positioning Japan at the forefront of technological advancement and economic resilience.
The investment aims to stimulate domestic capabilities while attracting international partnerships, thereby revitalizing Japan’s semiconductor sector, which once held dominance on the world stage.
By focusing on the development of ultra-advanced chips, Japan seeks to not only enhance its own technological infrastructure but also to secure a pivotal role in the global tech ecosystem, ensuring supply chain stability in an increasingly digital world.
The US, which had once been opposed to Japan’s dominance in chip manufacturing is now being supportive as they worry about China’s intentions towards Taiwan, which controls most of the world’s chip manufacturing. While the US is trying to ramp up its own production, Japan is moving much faster to get factories into operations.
Sources include: Yahoo Finance
