Japan Plans to Boost Support for Chip Production, Yomiuri Says

Photographer: Akos Stiller/Bloomberg
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The Japanese government will begin preparing a bill to expand financial aid aimed at increasing local production of semiconductors by both domestic and foreign companies, the Yomiuri newspaper reported Sunday.

Prime Minister Fumio Kishida plans to submit the bill to an ordinary Diet session in 2021, the daily reported, citing people it didn’t identify who belong to the administration and ruling party.