Japan to invest up to $21 billion in two semiconductor plants in New York State, US
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View chart & analysis → - 1Japan will invest up to $21 billion in two semiconductor plants in New York State following an agreement announced by GlobalFoundries.
- 2As part of a $550 billion investment commitment to the US, the Trump administration, rather than Japan, will select the businesses.
- 3Experts believe this will not be a major help in reviving the Japanese semiconductor industry and will have a limited impact on supply chain stability.
So what's the key point?
Japan is paying up to $21 billion to build two semiconductor plants in New York State. Experts say this will not be a big help for the revival of Japan's semiconductor industry.
Source Reuters · View original ↗
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