Economic news

Japan, US Discuss Chip Plant in $550B Deal: Nikkei

TOKYO, Sept 17 (Reuters) - Japan and the United ​States are in ‌talks to build a semiconductor ​factory as part ​of their $550 billion ⁠investment agreement, the ​Nikkei business daily ​reported on Thursday.

The project is expected to ​be worth ​2 trillion yen to 3 ‌trillion ⁠yen ($12.85 billion to $19.27 billion) and would be operated ​by ​chipmaker ⁠GlobalFoundries, focusing on logic ​semiconductors, the ​Nikkei ⁠reported without citing sources.

($1 = 155.6600 yen)

Reporting ⁠by ​Mariko ​Katsumura and Satoshi Sugiyama; Editing ​by Muralikumar Anantharaman

Source: Reuters


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree