01 Apr 2022 -
 General

Japan looks to revive semiconductor industry – DigiTimes

Japan is under great pressure to find solutions to revive its semiconductor industry, as the ongoing chip shortages and high semiconductor supply chain disruption risks remain major challenges for governments around the world, reports DigiTimes.

 According to Nikkei and Mynavi, the Ministry of Economy, Trade and Industry (METI) of Japan has mentioned potential strategies to revive the country’s semiconductor industry in its “Strategy for Semiconductors and the Digital Industry” released in June last year.

“Japan’s digital market has been performing poorly and failed to serve as a cultivation base for the semiconductor industry. As a result of Japanese businesses’ limited investment in digitalization, there is a lack of clients for semiconductor companies. The delayed development of IC design forces companies to import advanced semiconductors from overseas,” reports DigiTimes.

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