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Japan Aims to Treble Sales of Domestically Produced Microchips to JPY 15 Trillion by 2030

Japan aims to treble sales of semiconductors made in the country to JPY 15 trillion (roughly Rs. 9,285,004,593,300 crore) by 2030, the industry ministry said on Monday. Tokyo sees microchips as strategic products to strengthen its economic security and is providing hefty subsidies to TSMC and other chipmakers to build plants in Japan or have them expand existing facil...

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