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Japan to invest in domestic silicone chip factories

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global chip shortage

Japan will create a scheme to subsidise the construction of domestic chip factories

Under the scheme, Japanese companies will be eligible for the subsidies on the condition that they ramp up chip production in times of short supply.

The nation’s Prime Minister Fumio Kishida has pledged economic security, including the domestic output of semiconductors.

The government is likely to invest in a new chip plant to produce semiconductors for automobiles, camera image sensors and other products.

The production at the silicone chip factories are likely to start operations by 2024.

It comes as a global chip shortage hits a variety of sectors, plagued by the pandemic and supply chain bottle-necks.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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News

EV market witnesses unprecedented price cuts

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Established brands like Peugeot and Nissan are slashing prices by significant margins to compete with emerging Chinese EV competitors.

Facing a dual challenge of a decelerating growth in EV adoption and a surge in competitively priced alternatives from Chinese manufacturers like BYD and MG, traditional automakers are forced to enact substantial price cuts to clear inventory.

This trend reflects the fast pace within the market and signals the formidable struggle for dominance in the EV space. #featured #trending

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Tech

The biggest entertainment industry continues studio closures

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Microsoft’s Xbox division announced the closure of several studios post their Bethesda acquisition.

Among the studio closures are Arkane Austin and Tango Gameworks.

Meanwhile, Nintendo hints at a new Switch, and PlayStation backtracks on linking Steam accounts for HellDivers 2.

Nintendo surprises with a NES Championship edition. New games this week include Crow Country, V Rising, Animal Well, and Little Kitty, Big City. #Featured #Trending

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Cyber attacks: health sector targeted

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Cyber attacks are rife within the healthcare sector. So what’s the solution?

Cyber inSecurity dives into the challenges, solutions, and real-world applications in the fast paced world of cyber security. Hosted Nam Lam, Managing Director and Gary Savarino, Field CTO at Sailpoint.

In this episode, Gary is joined by Aaron Le Saux, ICT Architecture and Integration Manager at Calvary Health Care. #cyber insecurity

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