Japanese government increasing high-tech investment
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Japan’s Ministry of Economy, Trade and Industry is set to nearly quadruple its budget for supporting cutting-edge semiconductors and AI development to about ￥1.23 trillion for the fiscal year starting in April. The overall budget rose by 50% to ￥3.07 trillion. The ministry plans to secure most of the additional funding in regular budgets, providing more stable funding. ￥150 billion is earmarked for Rapidus Corp, ￥387.3 billion for AI development, ￥5 billion for key minerals, and ￥122 billion for decarbonization.
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Source: Taipei Times The copyright of this article belongs to the original author/organization.
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