Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns

Bloomberg2021-06-22

(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...

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Comments

Envyapple
2021-06-22
Envyapple
Good
Shiyuntan
2021-06-22
Shiyuntan
Tsmc has a strong moat but seems it is facing some headwinds thus prices are on a slight declining trend. Hope to see it recover soon.
hstoh
2021-06-22
hstoh
good read
ZOANMAN
2021-06-22
ZOANMAN
Hi
Flashtrade
2021-06-22
Flashtrade
Please read and comments
- ZOANMAN:
  Same
- Flashtrade:
  Thanks
JaneChua
2021-06-22
JaneChua
Too late to ramp

Leave a comment

108

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan Needs Billions Now to Stem Chip Decline, Top Advisor Warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112236522","content_text":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, according to the government’s lead adviser on its new semiconductor strategy.\nAnything less won’t be enough, given the high cost of chip factories and how far Japan lags behind South Korea and Taiwan in advanced manufacturing, according to Tetsuro Higashi, chairman emeritus at gearmaker Tokyo Electron Ltd. and head of an expert panel advising the government.\n“It will not be at all easy to stage a comeback,” the 71-year-old industry veteran said in an interview this week. “If we miss this opportunity now, there may not be another one.”\nChips shortages that have crimped global production of everything from refrigerators to game consoles to cars this year have sent governments in China, South Korea, the U.S. and Japan scrambling to beef up their domestic supply. Japan is vulnerable because, after decades of under-investment, its manufacturers have to import about two-thirds of their chips.\nGovernments from Beijing to Washington and Brussels are prepping unprecedented investments into local chip manufacturing, intent on securing the basic components for most modern-day devices and military systems. But the money will go fast in an era where a single advanced wafer fab runs more than $10 billion.\nPresident Joe Biden has laid out a $52 billion plan to bolster domestic chip manufacturing, responding in part to China’s accelerating blueprint to place semiconductors at the heart of its development. South Korean companies like Samsung Electronics Co. and SK Hynix Inc. are committing $450 billion over a decade on chip research and expansion, while leader Taiwan Semiconductor Manufacturing Co. alone has earmarked $100 billion over the next three years.\nBiden Needs More Than $52 Billion to Counter China in Chips (2)\nIn a report this month, Japan’s trade ministry said it would treat boosting growth in the industry as a national project, as important as securing food and energy. Part of the plan includes setting up domestic manufacturing bases that could include joint ventures with overseas chip foundries.\nTSMC is among firms that Japan wants to recruit, Higashi said, echoing recent comments from ruling party lawmaker and former economy minister Akira Amari. The Taiwanese company has so far declined to comment on whether it’s planning to set up a fab in the country, although its board this year approved setting up a subsidiary near Tokyo to expand materials research with funding from the Japanese government.\nHigashi becomes one of the most prominent industry voices so far to sound the alarm on Japan’s rapidly waning prowess in a critical technological field. The former head of Tokyo Electron, one of the world’s largest suppliers of chipmaking equipment, said Japan’s economy, national security, and its efforts to go carbon neutral by 2050 all depend on semiconductors.\nJapan Floats Plan to Reboot an Aging Chip Industry: Supply Lines\nTo make deals happen, Japan needs to provide subsidies, give tax breaks and facilitate technology sharing, Higashi said.\nLawmakers are debating whether Japan’s economy needs more stimulus spending this fiscal year, but Higashi says any extra budget would need to include funding for chip investment.\nIn particular, more money should go toward the publicly-funded project in the works near Tokyo, where several Japanese firms plan to work with TSMC to develop 3-D chips that are faster and more energy efficient.\nBut this year’s money would only be the start.\n“It takes 10 years or more to build a world class industry,” Higashi said. “If we don’t go forward with the understanding, and we just try to throw money at this in a one-time way, I can see us failing.”","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129806854,"gmtCreate":1624368047978,"gmtModify":1703834534935,"author":{"id":"3577051774331259","authorId":"3577051774331259","name":"Shiyuntan","avatar":"https://static.tigerbbs.com/111febdce5ef8bc5bd05791c210b52a7","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3577051774331259","idStr":"3577051774331259"},"htmlText":"Tsmc has a strong moat but seems it is facing some headwinds thus prices are on a slight declining trend.&nbsp; Hope to see it recover soon.&nbsp;&nbsp;","listText":"Tsmc has a strong moat but seems it is facing some headwinds thus prices are on a slight declining trend.&nbsp; Hope to see it recover soon.&nbsp;&nbsp;","text":"Tsmc has a strong moat but seems it is facing some headwinds thus prices are on a slight declining trend. Hope to see it recover soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129806854","repostId":1112236522,"repostType":2,"repost":{"id":"1112236522","kind":"news","pubTimestamp":1624324715,"share":"https://ttm.financial/m/news/1112236522?lang=en_US&edition=fundamental","pubTime":"2021-06-22 09:18","market":"us","language":"en","title":"Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1112236522","media":"Bloomberg","summary":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fisc","content":"<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan Needs Billions Now to Stem Chip Decline, Top Advisor Warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112236522","content_text":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, according to the government’s lead adviser on its new semiconductor strategy.\nAnything less won’t be enough, given the high cost of chip factories and how far Japan lags behind South Korea and Taiwan in advanced manufacturing, according to Tetsuro Higashi, chairman emeritus at gearmaker Tokyo Electron Ltd. and head of an expert panel advising the government.\n“It will not be at all easy to stage a comeback,” the 71-year-old industry veteran said in an interview this week. “If we miss this opportunity now, there may not be another one.”\nChips shortages that have crimped global production of everything from refrigerators to game consoles to cars this year have sent governments in China, South Korea, the U.S. and Japan scrambling to beef up their domestic supply. Japan is vulnerable because, after decades of under-investment, its manufacturers have to import about two-thirds of their chips.\nGovernments from Beijing to Washington and Brussels are prepping unprecedented investments into local chip manufacturing, intent on securing the basic components for most modern-day devices and military systems. But the money will go fast in an era where a single advanced wafer fab runs more than $10 billion.\nPresident Joe Biden has laid out a $52 billion plan to bolster domestic chip manufacturing, responding in part to China’s accelerating blueprint to place semiconductors at the heart of its development. South Korean companies like Samsung Electronics Co. and SK Hynix Inc. are committing $450 billion over a decade on chip research and expansion, while leader Taiwan Semiconductor Manufacturing Co. alone has earmarked $100 billion over the next three years.\nBiden Needs More Than $52 Billion to Counter China in Chips (2)\nIn a report this month, Japan’s trade ministry said it would treat boosting growth in the industry as a national project, as important as securing food and energy. Part of the plan includes setting up domestic manufacturing bases that could include joint ventures with overseas chip foundries.\nTSMC is among firms that Japan wants to recruit, Higashi said, echoing recent comments from ruling party lawmaker and former economy minister Akira Amari. The Taiwanese company has so far declined to comment on whether it’s planning to set up a fab in the country, although its board this year approved setting up a subsidiary near Tokyo to expand materials research with funding from the Japanese government.\nHigashi becomes one of the most prominent industry voices so far to sound the alarm on Japan’s rapidly waning prowess in a critical technological field. The former head of Tokyo Electron, one of the world’s largest suppliers of chipmaking equipment, said Japan’s economy, national security, and its efforts to go carbon neutral by 2050 all depend on semiconductors.\nJapan Floats Plan to Reboot an Aging Chip Industry: Supply Lines\nTo make deals happen, Japan needs to provide subsidies, give tax breaks and facilitate technology sharing, Higashi said.\nLawmakers are debating whether Japan’s economy needs more stimulus spending this fiscal year, but Higashi says any extra budget would need to include funding for chip investment.\nIn particular, more money should go toward the publicly-funded project in the works near Tokyo, where several Japanese firms plan to work with TSMC to develop 3-D chips that are faster and more energy efficient.\nBut this year’s money would only be the start.\n“It takes 10 years or more to build a world class industry,” Higashi said. “If we don’t go forward with the understanding, and we just try to throw money at this in a one-time way, I can see us failing.”","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120768906,"gmtCreate":1624338010405,"gmtModify":1703833894416,"author":{"id":"3578381011024338","authorId":"3578381011024338","name":"hstoh","avatar":"https://static.tigerbbs.com/132b8351b5016df962dc5133b8046265","vip":1,"crmLevel":12,"crmLevelSwitch":1,"wearingBadges":[{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}],"authorIdStr":"3578381011024338","idStr":"3578381011024338"},"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120768906","repostId":1112236522,"repostType":4,"repost":{"id":"1112236522","kind":"news","pubTimestamp":1624324715,"share":"https://ttm.financial/m/news/1112236522?lang=en_US&edition=fundamental","pubTime":"2021-06-22 09:18","market":"us","language":"en","title":"Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1112236522","media":"Bloomberg","summary":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fisc","content":"<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan Needs Billions Now to Stem Chip Decline, Top Advisor Warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112236522","content_text":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, according to the government’s lead adviser on its new semiconductor strategy.\nAnything less won’t be enough, given the high cost of chip factories and how far Japan lags behind South Korea and Taiwan in advanced manufacturing, according to Tetsuro Higashi, chairman emeritus at gearmaker Tokyo Electron Ltd. and head of an expert panel advising the government.\n“It will not be at all easy to stage a comeback,” the 71-year-old industry veteran said in an interview this week. “If we miss this opportunity now, there may not be another one.”\nChips shortages that have crimped global production of everything from refrigerators to game consoles to cars this year have sent governments in China, South Korea, the U.S. and Japan scrambling to beef up their domestic supply. Japan is vulnerable because, after decades of under-investment, its manufacturers have to import about two-thirds of their chips.\nGovernments from Beijing to Washington and Brussels are prepping unprecedented investments into local chip manufacturing, intent on securing the basic components for most modern-day devices and military systems. But the money will go fast in an era where a single advanced wafer fab runs more than $10 billion.\nPresident Joe Biden has laid out a $52 billion plan to bolster domestic chip manufacturing, responding in part to China’s accelerating blueprint to place semiconductors at the heart of its development. South Korean companies like Samsung Electronics Co. and SK Hynix Inc. are committing $450 billion over a decade on chip research and expansion, while leader Taiwan Semiconductor Manufacturing Co. alone has earmarked $100 billion over the next three years.\nBiden Needs More Than $52 Billion to Counter China in Chips (2)\nIn a report this month, Japan’s trade ministry said it would treat boosting growth in the industry as a national project, as important as securing food and energy. Part of the plan includes setting up domestic manufacturing bases that could include joint ventures with overseas chip foundries.\nTSMC is among firms that Japan wants to recruit, Higashi said, echoing recent comments from ruling party lawmaker and former economy minister Akira Amari. The Taiwanese company has so far declined to comment on whether it’s planning to set up a fab in the country, although its board this year approved setting up a subsidiary near Tokyo to expand materials research with funding from the Japanese government.\nHigashi becomes one of the most prominent industry voices so far to sound the alarm on Japan’s rapidly waning prowess in a critical technological field. The former head of Tokyo Electron, one of the world’s largest suppliers of chipmaking equipment, said Japan’s economy, national security, and its efforts to go carbon neutral by 2050 all depend on semiconductors.\nJapan Floats Plan to Reboot an Aging Chip Industry: Supply Lines\nTo make deals happen, Japan needs to provide subsidies, give tax breaks and facilitate technology sharing, Higashi said.\nLawmakers are debating whether Japan’s economy needs more stimulus spending this fiscal year, but Higashi says any extra budget would need to include funding for chip investment.\nIn particular, more money should go toward the publicly-funded project in the works near Tokyo, where several Japanese firms plan to work with TSMC to develop 3-D chips that are faster and more energy efficient.\nBut this year’s money would only be the start.\n“It takes 10 years or more to build a world class industry,” Higashi said. “If we don’t go forward with the understanding, and we just try to throw money at this in a one-time way, I can see us failing.”","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120482228,"gmtCreate":1624332479164,"gmtModify":1703833742451,"author":{"id":"3578709628584618","authorId":"3578709628584618","name":"ZOANMAN","avatar":"https://static.tigerbbs.com/0bae5d3d04e43d479d915a7e1ba48e77","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3578709628584618","idStr":"3578709628584618"},"htmlText":"Hi&nbsp;","listText":"Hi&nbsp;","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120482228","repostId":1112236522,"repostType":4,"repost":{"id":"1112236522","kind":"news","pubTimestamp":1624324715,"share":"https://ttm.financial/m/news/1112236522?lang=en_US&edition=fundamental","pubTime":"2021-06-22 09:18","market":"us","language":"en","title":"Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1112236522","media":"Bloomberg","summary":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fisc","content":"<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan Needs Billions Now to Stem Chip Decline, Top Advisor Warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112236522","content_text":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, according to the government’s lead adviser on its new semiconductor strategy.\nAnything less won’t be enough, given the high cost of chip factories and how far Japan lags behind South Korea and Taiwan in advanced manufacturing, according to Tetsuro Higashi, chairman emeritus at gearmaker Tokyo Electron Ltd. and head of an expert panel advising the government.\n“It will not be at all easy to stage a comeback,” the 71-year-old industry veteran said in an interview this week. “If we miss this opportunity now, there may not be another one.”\nChips shortages that have crimped global production of everything from refrigerators to game consoles to cars this year have sent governments in China, South Korea, the U.S. and Japan scrambling to beef up their domestic supply. Japan is vulnerable because, after decades of under-investment, its manufacturers have to import about two-thirds of their chips.\nGovernments from Beijing to Washington and Brussels are prepping unprecedented investments into local chip manufacturing, intent on securing the basic components for most modern-day devices and military systems. But the money will go fast in an era where a single advanced wafer fab runs more than $10 billion.\nPresident Joe Biden has laid out a $52 billion plan to bolster domestic chip manufacturing, responding in part to China’s accelerating blueprint to place semiconductors at the heart of its development. South Korean companies like Samsung Electronics Co. and SK Hynix Inc. are committing $450 billion over a decade on chip research and expansion, while leader Taiwan Semiconductor Manufacturing Co. alone has earmarked $100 billion over the next three years.\nBiden Needs More Than $52 Billion to Counter China in Chips (2)\nIn a report this month, Japan’s trade ministry said it would treat boosting growth in the industry as a national project, as important as securing food and energy. Part of the plan includes setting up domestic manufacturing bases that could include joint ventures with overseas chip foundries.\nTSMC is among firms that Japan wants to recruit, Higashi said, echoing recent comments from ruling party lawmaker and former economy minister Akira Amari. The Taiwanese company has so far declined to comment on whether it’s planning to set up a fab in the country, although its board this year approved setting up a subsidiary near Tokyo to expand materials research with funding from the Japanese government.\nHigashi becomes one of the most prominent industry voices so far to sound the alarm on Japan’s rapidly waning prowess in a critical technological field. The former head of Tokyo Electron, one of the world’s largest suppliers of chipmaking equipment, said Japan’s economy, national security, and its efforts to go carbon neutral by 2050 all depend on semiconductors.\nJapan Floats Plan to Reboot an Aging Chip Industry: Supply Lines\nTo make deals happen, Japan needs to provide subsidies, give tax breaks and facilitate technology sharing, Higashi said.\nLawmakers are debating whether Japan’s economy needs more stimulus spending this fiscal year, but Higashi says any extra budget would need to include funding for chip investment.\nIn particular, more money should go toward the publicly-funded project in the works near Tokyo, where several Japanese firms plan to work with TSMC to develop 3-D chips that are faster and more energy efficient.\nBut this year’s money would only be the start.\n“It takes 10 years or more to build a world class industry,” Higashi said. “If we don’t go forward with the understanding, and we just try to throw money at this in a one-time way, I can see us failing.”","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120558329,"gmtCreate":1624328967261,"gmtModify":1703833642233,"author":{"id":"3585823007219089","authorId":"3585823007219089","name":"Flashtrade","avatar":"https://static.tigerbbs.com/c45d01d0c09748e523ca9584ada84d95","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3585823007219089","idStr":"3585823007219089"},"htmlText":"Please read and comments","listText":"Please read and comments","text":"Please read and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/120558329","repostId":1112236522,"repostType":4,"repost":{"id":"1112236522","kind":"news","pubTimestamp":1624324715,"share":"https://ttm.financial/m/news/1112236522?lang=en_US&edition=fundamental","pubTime":"2021-06-22 09:18","market":"us","language":"en","title":"Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1112236522","media":"Bloomberg","summary":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fisc","content":"<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan Needs Billions Now to Stem Chip Decline, Top Advisor Warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/japan-needs-billions-now-stem-003628313.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112236522","content_text":"(Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, according to the government’s lead adviser on its new semiconductor strategy.\nAnything less won’t be enough, given the high cost of chip factories and how far Japan lags behind South Korea and Taiwan in advanced manufacturing, according to Tetsuro Higashi, chairman emeritus at gearmaker Tokyo Electron Ltd. and head of an expert panel advising the government.\n“It will not be at all easy to stage a comeback,” the 71-year-old industry veteran said in an interview this week. “If we miss this opportunity now, there may not be another one.”\nChips shortages that have crimped global production of everything from refrigerators to game consoles to cars this year have sent governments in China, South Korea, the U.S. and Japan scrambling to beef up their domestic supply. Japan is vulnerable because, after decades of under-investment, its manufacturers have to import about two-thirds of their chips.\nGovernments from Beijing to Washington and Brussels are prepping unprecedented investments into local chip manufacturing, intent on securing the basic components for most modern-day devices and military systems. But the money will go fast in an era where a single advanced wafer fab runs more than $10 billion.\nPresident Joe Biden has laid out a $52 billion plan to bolster domestic chip manufacturing, responding in part to China’s accelerating blueprint to place semiconductors at the heart of its development. South Korean companies like Samsung Electronics Co. and SK Hynix Inc. are committing $450 billion over a decade on chip research and expansion, while leader Taiwan Semiconductor Manufacturing Co. alone has earmarked $100 billion over the next three years.\nBiden Needs More Than $52 Billion to Counter China in Chips (2)\nIn a report this month, Japan’s trade ministry said it would treat boosting growth in the industry as a national project, as important as securing food and energy. Part of the plan includes setting up domestic manufacturing bases that could include joint ventures with overseas chip foundries.\nTSMC is among firms that Japan wants to recruit, Higashi said, echoing recent comments from ruling party lawmaker and former economy minister Akira Amari. The Taiwanese company has so far declined to comment on whether it’s planning to set up a fab in the country, although its board this year approved setting up a subsidiary near Tokyo to expand materials research with funding from the Japanese government.\nHigashi becomes one of the most prominent industry voices so far to sound the alarm on Japan’s rapidly waning prowess in a critical technological field. The former head of Tokyo Electron, one of the world’s largest suppliers of chipmaking equipment, said Japan’s economy, national security, and its efforts to go carbon neutral by 2050 all depend on semiconductors.\nJapan Floats Plan to Reboot an Aging Chip Industry: Supply Lines\nTo make deals happen, Japan needs to provide subsidies, give tax breaks and facilitate technology sharing, Higashi said.\nLawmakers are debating whether Japan’s economy needs more stimulus spending this fiscal year, but Higashi says any extra budget would need to include funding for chip investment.\nIn particular, more money should go toward the publicly-funded project in the works near Tokyo, where several Japanese firms plan to work with TSMC to develop 3-D chips that are faster and more energy efficient.\nBut this year’s money would only be the start.\n“It takes 10 years or more to build a world class industry,” Higashi said. “If we don’t go forward with the understanding, and we just try to throw money at this in a one-time way, I can see us failing.”","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4949043,"gmtCreate":1624332488082,"gmtModify":1663229687038,"authorId":3578709628584618,"author":{"id":3578709628584618,"idStr":"3578709628584618","authorId":3578709628584618,"name":"ZOANMAN","avatar":"https://static.tigerbbs.com/0bae5d3d04e43d479d915a7e1ba48e77","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":120558329,"type":1,"supId":0,"prevId":0,"content":"Same ","text":"Same ","html":"Same "},{"id":4947979,"gmtCreate":1624328979748,"gmtModify":1663229683535,"authorId":3585823007219089,"author":{"id":3585823007219089,"idStr":"3585823007219089","authorId":3585823007219089,"name":"Flashtrade","avatar":"https://static.tigerbbs.com/c45d01d0c09748e523ca9584ada84d95","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":120558329,"type":1,"supId":0,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"}],"langContent":"EN"},{"id":120553039,"gmtCreate":1624328876521,"gmtModify":1703833639323,"author":{"id":"3569298740045935","authorId":"3569298740045935","name":"JaneChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3569298740045935","idStr":"3569298740045935"},"htmlText":"Too late to ramp&nbsp;","listText":"Too late to ramp&nbsp;","text":"Too late to ramp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120553039","repostId":1112236522,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":108,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1112236522","isCrawlerRequest":true}