The pivotal role of semiconductors in today's technological landscape is undeniable. In a bid to foster innovation and secure a competitive edge, nations worldwide are rolling out generous subsidies to lure chipmakers into investing in research and development, and Japan is firmly on this bandwagon. Once a trailblazer in the semiconductor chip sector, Japan particularly shone in the realm of storage chips, including memory and flash memory technologies. Nevertheless, post-Elpida's downfall, Japan's memory industry has progressively leaned on investments from the U.S.-headquartered Micron.
Recently, the Japanese government unveiled a substantial funding plan, earmarking 536 billion yen (equivalent to roughly 25.9 billion RMB) to bolster Micron's factory expansion endeavors in Hiroshima.