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Japan Invests ¥1.5 Trillion to Boost Tech Dominance

1/16/2025

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Summary

Story summary

Japan is pouring ¥1.05 trillion ($7 billion) into cutting-edge chip and quantum computing research, plus an additional ¥471.4 billion for advanced chip production. This ambitious investment, part of Prime Minister Shigeru Ishiba’s ¥10 trillion vision for 2030, seeks to bolster Japan's tech prowess and safeguard its supply chains amid fierce competition from the U.S. and China.

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Story summary

Japan is pouring ¥1.05 trillion ($7 billion) into cutting-edge chip and quantum computing research, plus an additional ¥471.4 billion for advanced chip production. This ambitious investment, part of Prime Minister Shigeru Ishiba’s ¥10 trillion vision for 2030, seeks to bolster Japan's tech prowess and safeguard its supply chains amid fierce competition from the U.S. and China.