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Japanese Prime Minister Fumio Kishida, center, is briefed as he visits a plant of the Taiwan Semiconductor Manufacturing Co. in Kikuyo town, Kumamoto prefecture, southern Japan Saturday, April 6, 2024. At right is Taiwan Semiconductor Manufacturing Company CEO C.C. Wei. (Japan Pool/Kyodo News via AP)

Japanese leader visits new chip factory, stressing ties with Taiwan and support for key technology

Japanese Prime Minister Fumio Kishida visited a new semiconductor plant for which his government has pledged more than 1 trillion yen ($7 billion) of support to secure a steady supply of chips on Saturday

By YURI KAGEYAMA
Published - Apr 06, 2024, 01:51 AM ET
Last Updated - Apr 06, 2024, 01:51 AM EDT

TOKYO (AP) — Japanese Prime Minister Fumio Kishida visited a new semiconductor plant for which his government has pledged more than 1 trillion yen ($7 billion) of support to secure a steady supply of chips on Saturday.

“I believe this project will have positive ripple effects throughout Japan. It is key for not only the semiconductor industry but also a wide range of businesses such as electric vehicles and electronics,” he said while touring the facility.

The new plant on the southwestern island of Kyushu, majority owned by the Taiwan Semiconductor Manufacturing Co., is the Taiwanese semiconductor giant's first in Japan.

Kishida also expressed sympathy to Taiwan following an earthquake that left at least 12 people dead.

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