Sources say TSMC’s second factory in Japan could receive up to 900 billion yen in subsidies

According to news from this site on October 12, TSMC is currently building a semiconductor factory (factory 1) in Kikuyo Town, Kumamoto Prefecture, Kyushu, Japan, and is expected to start production in December 2024.

TSMC is also interested in building a second semiconductor factory in Japan (referred to as the second factory), and the Japanese government is considering building the second semiconductor factory Provide subsidies of up to 900 billion yen (note on this site: currently about 44.1 billion yuan).

At the "Public-Private Cooperation Forum to Increase Domestic Investment" held on October 4, Japanese Prime Minister Fumio Kishida determined a new economic stimulus plan. Japan’s Ministry of Economy, Trade and Industry (METI) will allocate a budget of 3.4 trillion yen to establish three funds to support semiconductor production and research and development

According to reports, this site has learned that these three financial supports are " Post-5G Information Communication System Enhanced Infrastructure R&D Project", "Specific Semiconductor Funding Plan" and "Ensuring Stable Supply Support Fund"

The Asahi Shimbun reported that Japan’s Ministry of Economy, Trade and Industry believes it is necessary to provide TSMC’s second factory with 9,000 billion yen (currently approximately 44.1 billion yuan) in subsidies, in addition to providing 600 billion yen (currently approximately 29.4 billion yuan) in subsidies to the "Japanese national team" Rapidus, and 700 billion yen (currently approximately 29.4 billion yuan) for traditional chip industries such as Sony CMOS sensors. Japanese yen (currently about 34.3 billion yuan).

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