Japanese officials say they plan to provide financial subsidies to TSMC's second Japanese factory

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com, July 19, according to Bloomberg, Jin Zhishou, head of the Information Industry Section of Japan's Ministry of economy, Trade and Industry, said at a semiconductor-related event in Kumamoto Prefecture that the Japanese government is considering subsidies for TSMC's second Japanese factory.

▲ source: TSMC Jinzhishou said: "We hope to ensure budget input from the perspective of continuity, which is as important as speed in terms of the semiconductor strategy of the Ministry of economy, Trade and Industry." He also pointed out that the Japanese government has recognized that the recent international situation is an opportunity to revive Japan's semiconductor industry.

The Japanese government has regarded ensuring a stable supply of semiconductors as an important economic security issue. In addition to providing subsidies of about 476 billion yen (CTOnews.com Note: about 24.657 billion yuan currently) to the first Japanese plant that produces logic semiconductors in TSMC, it also provides high subsidies to Japanese factories controlled by Meguiar and Meixia to support the development of semiconductor-related industries in Japan.

Liu Deyin, chairman of TSMC, said in June that TSMC was continuing discussions with the Japanese government on subsidies for building a second plant, which could be located near Kumamoto's first factory.

CTOnews.com has previously reported that TSMC will build a second plant in Japan from April next year and is expected to start production by the end of 2026.