Japan puts all Chips on table to Lure Semiconductor Makers-cover tape|carrier tapes|NEXTECK

Japan puts all Chips on table to Lure Semiconductor Makers

TOKYO will pull out every policy stop to court overseas semiconductor companies, including offering generous financial incentives, under a draft growth strategy released on 2021/Q2, joining the global race to secure supplies of the crucial component.

Japan will swiftly match efforts by other countries to attract cutting-edge chipmaking facilities so it can build a secure supply chain at home, as mentioned in the document presented to Cabinet Office strategy meeting.

Japan imports more than 60% of its semiconductors, much of them from Taiwan and China. Concerns persist that Sino-American tensions could squeeze global supply chains and disrupt shipments to its own industries.

This comes as the U.S. and Europe make aggressive moves to bolster their own supply chains of semiconductors, which are increasingly seen as critical to economic national security. Japan hopes to sweeten financial incentives, but matching the financial power of the U.S. or the European Union will be a challenge.

Semiconductors are now as important as food or energy, Japan will aim for cooperation with foreign companies instead of efforts by Japanese players alone.

Taiwan accounts for more than 90% of the global output capacity for smartphone and other advanced chips using 10-nanometer or smaller technology, according to the U.S.-based Semiconductor Industry Association.

Nevertheless, the demand of WLCSP carrier tape, precision cover tape, dicing tape for semiconductors are rushing in according to the PO and urgent push for advance shipment of consignments per the statistics of Nexteck Singapore Pte Ltd., the key supplier of packaging materials and support to semiconductors production sectors in SEA region.

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Japan puts all Chips on table to Lure Semiconductor Makers

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