[국제]Japanese government decides to pay 4.5 trillion won in subsidy to TSMC’s Kumamoto semiconductor factory in Taiwan

[앵커]

The Japanese government has decided to provide a subsidy of 4.5 trillion won to TSMC’s Kumamoto plant in Taiwan, the world’s largest semiconductor consignment producer.

As the new Cold War between the United States and China intensifies, the semiconductor alliance between Taiwan, the United States, and Japan appears to be in full swing.

Reporter Won-bae Kim reports.

[기자]

Taiwan TSMC, the world’s largest semiconductor consignment manufacturer, is building a high-tech semiconductor factory in Kumamoto Prefecture, Kyushu, Japan, with the goal of mass production in December 2024.

According to Japanese media, the Japanese government held a cabinet meeting and decided to provide a subsidy of 476 billion yen, or 4.5 trillion won in Korean money, to TSMC’s Kumamoto plant.

TSMC’s Kumamoto plant was selected as the No. 1 support target of the 617 billion yen, about 6 trillion Korean won, fund raised by Japan to strengthen the semiconductor industry.

At a press conference after the Cabinet meeting, Japanese Minister of Economy, Trade and Industry Koichi Hagiuda announced that the Japanese government will support nearly half of TSMC’s investment in the Kumamoto plant of $8.6 billion and Korean won of 11 trillion won.

Japan’s Ministry of Economy, Trade and Industry announced that it has decided to invest in TSMC’s semiconductor plant in order to secure semiconductor production capacity in Japan to establish economic security.

Japan accounted for about 50% of the global market in the late 1980s, when the semiconductor industry was at its heyday, but its global market share has fallen to around 10% due to the failure of related industry promotion policies.

TSMC is also building a US$12 billion semiconductor production plant in Phoenix, Arizona, with the goal of completion in 2024.

This was in response to the demands of then-President Donald Trump to invest in the United States in 2020.

As such, while TSMC has strengthened cooperative relations with the United States and Japan through factory construction, relations with China have become somewhat strained as it has joined the US government’s sanctions and halted most semiconductor supplies to Huawei.

This is YTN Kim Won-bae.

YTN Wonbae Kim (wbkim@ytn.co.kr)

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