The Japanese government is preparing to provide over JPY10 trillion (approx. US$65 billion) in support for the semiconductor and AI industries by the fiscal year 2030 (April 2030 to March 2031). This plan includes an allocation of JPY6 trillion for subsidies aimed at R&D and production investments, while the remaining JPY4 trillion is expected to be financed through government-backed loans and other financial support.
Japan plans to allocate JPY10 trillion to support seven-year initiative in semiconductors, AI
22
Nov