Japan has signed off on a ¥37 billion (US$338 million) semiconductor research project to develop cutting-edge chip technology in the country with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電).
Taiwan’s chipmaking plants are among the largest and most advanced in the world, and the project is intended to boost Japan’s competitiveness in a key sector.
The move comes as the industry grapples with a global semiconductor shortage that has hampered the manufacturing of numerous products, particularly vehicles.
Photo: Reuters
About 20 Japanese companies would work with TSMC in the project, with the government paying for more than half of it, a Japanese Ministry of Economy, Trade and Industry official said yesterday.
The research would focus in particular on tech for 3D chip assembly, allowing the creation of components that are denser, but still small.
A surge in demand for home electronics that use semiconductors, fueled by the COVID-19 pandemic, has throttled chip supplies — a crisis deepened by a US cold snap, a drought in Taiwan and a fire at Renesas Electronics Corp in Japan.
Semiconductors are an essential part of modern tech, from smartphones to games consoles and new vehicles, with the auto industry one of the hardest hit by the shortage.
Construction is to begin this summer on research facilities at Japan’s National Institute of Advanced Industrial Science and Technology in Tsukuba, the official said, with the project due to begin next year.
Among the Japanese companies involved are chemical firms Asahi Kasei Corp, Mitsui Chemicals Inc and Sumitomo Chemical Co.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry