It is reported that the second plant of TSMC in Japan can receive a subsidy of up to 900 billion yen.

Thanks to CTOnews.com netizen OC_Formula for the clue delivery! CTOnews.com, October 12, TSMC is currently building a semiconductor factory (referred to as the first plant) in Juyang, Kumamoto Prefecture, Kyushu, Japan, and is expected to start production in December 2024.

TSMC is also interested in building a second semiconductor plant in Japan, and the Japanese government is considering providing subsidies of up to 900 billion yen (CTOnews.com Note: currently about 44.1 billion yuan) to the second plant.

Japanese Prime Minister Fumio Kishida finalised a new round of economic stimulus package at the Forum on Public-Private Cooperation to increase domestic Investment held on October 4th. Japan's Ministry of economy, Trade and Industry (METI) will set up three funds to support semiconductor production and research with a budget of 3.4 trillion yen (currently about 166.6 billion yuan).

CTOnews.com learned from the report that the three financial supports are "Post-5G Information and Communication system enhanced Infrastructure Research and Development Project", "specific Semiconductor funding Program" and "ensuring stable supply support Fund".

According to the Asahi Shimbun, Japan's Ministry of economy, Trade and Industry believes that it is necessary to provide a subsidy of 900 billion yen (currently about 44.1 billion yuan) to the second plant of TSMC, as well as a subsidy of 600 billion yen (currently about 29.4 billion yuan) to the "Japanese national team" Rapidus, and 700 billion yen (currently about 34.3 billion yuan) to traditional chip industries such as Sony CMOS sensors.