According to the draft package, which Bloomberg has learned, the new funding structure, separate from the previously allocated funds amounting to about 4 trillion yen, will be laid out in a package of economic stimulus measures, which should be aimed at obtaining an economic effect of about 160 trillion yen.
The additional funding will help Tokyo close the gap with world powers in chip support. The U.S. and its allies are seeking to outpace China in semiconductor AI capabilities, an area policymakers now see as essential to economic security.
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Tokyo's increased support for the sector is also underpinned by the need to spur economic growth domestically. and regional levels. Speaking at a press conference on Monday after winning parliamentary elections to remain prime minister, Ishiba said he would like to spread positive examples of regional revival, such as TSMC's Kumamoto chip factory, across the country. .
Global demand for chips is expected to triple to 150 trillion yen over the next 10 years, the framework program aims to provide more than ¥10 trillion in government aid through methods such as outsourcing, financial support and legislative measures to increase the predictability of private companies, the draft said.
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