Japan will provide Micron Technology a ¥536 billion yen (US$3.63 billion) subsidy for R&D and capital spending at its fab in Hiroshima, Nikkei Asia reports. Micron plans to invest ¥1.5 trillion to expand the fab to a maximum capacity of 40,000 wafers per month and make advanced memory chips there by end of its fiscal-2029, so ¥500 billion of the subsidy will cover a third of that cost, while the other ¥36 billion is for R&D over 5-years. $Micron Tech(MU.US) #Japan $HXSCL $SSNLF #SKhynix #Samsung #semiconductors
Source: Dan Nystedt
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