Taiwan's Powerchip chooses northern Japan for planned fab

Powerchip Semiconductor Manufacturing

31/10/2023 05:03

TOKYO, Oct 31 (Reuters) - Taiwan chipmaker Powerchip
Semiconductor Manufacturing Corp  6770.TW  and financial firm
SBI Holdings  8473.T  said on Tuesday they have selected Miyagi,
northern Japan as the location for a planned fab. 
    Reuters reported earlier this month that talks with the
government regarding subsidies were progressing in what would
become the latest commitment by Taiwanese chipmakers in
manufacturing in Japan. 

 (Reporting by Sam Nussey; Editing by David Dolan)
 ((sam.nussey@tr.com;))