Japan recently outlined a long-term goal to significantly boost AI chip production. The country is targeting JPY40 trillion ($252.4 billion) in sales by 2040 after previously aiming for JPY15 trillion by 2030, Nikkei Asia reported.
The ambitious goal is eight-times higher than chip sales in 2020 and is part of a government plan to take advantage of soaring demand for chips supporting AI workloads in data centres and machinery using the technology, the news agency wrote.
Japan is also pushing to reduce its reliance on imported chips.
A key focus is taking a 30 per cent share of the global physical AI market, a term relating to technologies used by robots, autonomous vehicles and drones.
Japan’s government introduced a JPY10 trillion package of subsidies and incentives in 2024 to support mass production of advanced chips for AI applications. It aims to attract more than JPY50 trillion in public-private investment over the next ten years.
It also lined up JPY732 billion in subsidies for a second TSMC chipmaking facility.
The Taiwan-based company last month committed to progressing advanced chipmaking plans in Japan, targeting an investment of up to JPY2.6 trillion to produce 3nm chips.
Japan’s government is also backing local start-up Rapidus with JPY1.7 trillion in funding.
Source: Mobile World Live
Image Credit: Stock Image
