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Bruce Cockburn: 50 years of music, spirituality and social justice | SaltWireSINGAPORE/TOKYO - Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp is considering around five sites in Japan, including Mie prefecture, for setting up a potential $5.4 billion factory as talks on subsidies progress, sources said.
Those talks are progressing, according to two sources, who declined to be named as the information is not public. Powerchip is looking at around five sites for the factory, the source said. One option is Mie prefecture in central Japan, two sources said, close to the industrial hub of Nagoya and fabs operated by Taiwan's UMC and Japan's Kioxia.An SBI spokesperson said negotiations with the Japanese government are ongoing and there is a plan to formally apply for subsidies for the 420 billion yen first phase.
A factory from Powerchip would mark a further commitment by Taiwanese chipmakers into manufacturing in Japan, with TSMC building a factory in Kyushu in western Japan and eyeing a second.
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