TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant

TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.

from Gadgets 360 https://ift.tt/BU9j48T