Page 104 - SAMENA Trends - Jan-Mar 2024

TECHNOLOGY UPDATES SAMENA TRENDS

Japanese Government Pledges $307m to NTT, Intel, and SK Hynix for Chip

Project

The Japanese government has announced intervention aimed at increasing domestic aspect of the global chipmaking economy
it will provide roughly $307 million in chip competencies and lessening in which Japan plays a vital role. In
subsidies for a semiconductor project reliance on China. Japan has quietly been addition to this acquisition, in October
backed by NTT, Intel, and SK Hynix. The chip bolstering its position in the international the government announced $1.3 billion in
specialists from Japan, the US, and South semiconductor industry over th past year, subsidies for US firm Micron to set up a
Korea, respectively, are set to collaborate on typically investing indirectly in domestic semiconductor firm in Hiroshima. Then, in
the development of optical semiconductor chip production and adjacent technologies December, the JIC also moved to takeover
technology, a field that potentially offers in efforts to carve out a niche on the world Fujitsu’s semiconductor packaging arm
higher data processing speeds and lower stage. Last summer, for example, the Shinko Electric Industries for around $4.7
energy consumption than its electrical Japan Investment Corporation (JIC) – a billion. According to JIC CEO Keisuke
counterparts. Under the current plan, the government-backed fund overseen by the Yokoo, the government fears that
companies plan to begin producing related Ministry of Economy, Trade and Industry Japan’s medium-sized enterprises in the
products by 2027. “We hope the (project), – announced the takeover of esoteric microelectronics sphere will not be able to
by enabling faster communications and microelectronics specialist JSR for compete in the long-term with giants from
realizing reduced power consumption, $6.4 billion. JSR produces photoresists, rival nations in the US and China, hence
will be a game changer in the future,” Ken chemicals crucial for the photolithographic requiring government support to remain
Saito, minister of economy, trade and process used when making microchips. competitive on the international stage.
industry. The move comes as one of the The company is the global leader in the
West’s latest instances of government photoresist market – perhaps the only

GSMA, IBM Team to Prepare Telecoms for AI Era

The Japanese government has announced intervention aimed at increasing domestic aspect of the global chipmaking economy
it will provide roughly $307 million in chip competencies and lessening in which Japan plays a vital role. In
subsidies for a semiconductor project reliance on China. Japan has quietly been addition to this acquisition, in October
backed by NTT, Intel, and SK Hynix. The chip bolstering its position in the international the government announced $1.3 billion in
specialists from Japan, the US, and South semiconductor industry over th past year, subsidies for US firm Micron to set up a
Korea, respectively, are set to collaborate on typically investing indirectly in domestic semiconductor firm in Hiroshima. Then, in
the development of optical semiconductor chip production and adjacent technologies December, the JIC also moved to takeover
technology, a field that potentially offers in efforts to carve out a niche on the world Fujitsu’s semiconductor packaging arm
higher data processing speeds and lower stage. Last summer, for example, the Shinko Electric Industries for around $4.7
energy consumption than its electrical Japan Investment Corporation (JIC) – a billion. According to JIC CEO Keisuke
counterparts. Under the current plan, the government-backed fund overseen by the Yokoo, the government fears that
companies plan to begin producing related Ministry of Economy, Trade and Industry Japan’s medium-sized enterprises in the
products by 2027. “We hope the (project), – announced the takeover of esoteric microelectronics sphere will not be able to
by enabling faster communications and microelectronics specialist JSR for compete in the long-term with giants from
realizing reduced power consumption, $6.4 billion. JSR produces photoresists, rival nations in the US and China, hence
will be a game changer in the future,” Ken chemicals crucial for the photolithographic requiring government support to remain
Saito, minister of economy, trade and process used when making microchips. competitive on the international stage.
industry. The move comes as one of the The company is the global leader in the
West’s latest instances of government photoresist market – perhaps the only

104 JANUARY-MARCH 2024