TOKYO (Reuters) – Japan’s efforts to regain its position as a leading manufacturer of chips are “impressive”, the head of a leading chip research organisation said on Thursday.
“Japan this time has taken a bold approach and has implemented very quick decision making,” Luc Van den hove, CEO of Belgium-based Imec told reporters in Tokyo.
Japan, a leading provider of chipmaking tools and materials that lost its edge in manufacturing in recent decades, is providing large subsidies to domestic and foreign chipmakers to build capacity.