Japan Welcomes Taiwan Chipmaker Powerchip with SBI’s Help

On Wednesday, financial firm SBI Holdings said it would help Taiwan’s Powerchip Semiconductor Manufacturing Corp establish a factory in Japan as the country looks to revive its chip industry. SBI will set up a company to aid with planning and fundraising, including lobbying for government subsidies, and will help the chipmaker find a location to produce semiconductors for automakers and industrial machinery manufacturers as well as for a research lab to develop more advanced chips, SBI’s CEO, Yoshitaka Kitao, told reporters. The partnership marks the latest effort by Japan to build up its chip-making capabilities as demand for mobile phones … Continue reading Japan Welcomes Taiwan Chipmaker Powerchip with SBI’s Help