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Japan to draft aid bill for semiconductor-plant projects, TSMC expected to be first case

By Toko Sekiguchi ( November 8, 2021, 07:15 GMT | Insight) -- The Japanese government is looking to draft legislation to employ state aid for domestic semiconductor production. The framework is part of Prime Minister Fumio Kishida’s economic policy raising the priority of acquiring semiconductor chips essential for Japan’s manufacturing sector, as pandemic-driven shortages heighten the need for the country to secure domestic supplies. The Japanese government is looking to draft legislation to employ state aid for domestic semiconductor production, according to Japanese press reports....

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