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Japan accelerates efforts to boost semiconductor production to meet geopolitical risks

By Sachiko Sakamaki ( April 27, 2023, 09:57 GMT | Insight) -- Japan is accelerating efforts to strengthen domestic production of semiconductors to address supply-chain disruption risks, amid rising geopolitical tensions. It is also working to raise the productivity of Japanese companies through digitalization to offset its declining population. After seeing the domestic chip industry's decline in the past quarter century, the government and private sector are getting serious about the need to rapidly revive the sector because it's the "last chance" to do so. Japan is accelerating efforts to strengthen domestic production of semiconductors to address supply-chain disruption risks, amid rising geopolitical tensions. It is also working to raise the productivity of Japanese companies through digitalization to offset its declining population....

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