{"id":109344,"date":"2023-12-22T17:03:25","date_gmt":"2023-12-22T17:03:25","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=109344"},"modified":"2023-12-22T11:26:47","modified_gmt":"2023-12-22T11:26:47","slug":"japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m","title":{"rendered":"Japan to subsidize Samsung’s semiconductor facility up to $140M"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Japan announced on Thursday that it will subsidize Samsung Electronics’ advanced semiconductor R&D facility up to 20 billion yen ($140 million).<\/p>\n

Prime Minister Fumio Kishida met with the managers of public-private sector companies manufacturing electronic parts, including semiconductors, in the capital Tokyo.<\/p>\n

Saito Ken, economy, trade and industry minister, Masakazu Tokura, president of the Japan Business Federation (Keidanren), and private sector executives attended the meeting.<\/p>\n

Speaking at the meeting, Kishida said: “Global investors attach importance to investing in Japan. We welcome investments that will create attractive employment throughout the country.”<\/p>\n

After the meeting, Tokura announced that the in-country branch of South Korea-based Samsung Electronics will be subsidized up to 20 billion yen ($140 million) for an advanced semiconductor research and development (R&D) facility.<\/p>\n

The South Korean manufacturer will establish an R&D facility in the Minato Mirai district of Yokohama, south of Tokyo.<\/p>\n

The company will develop technology for advanced semiconductor production over the next five years in cooperation with semiconductor material and chip equipment manufacturers.<\/p>\n

Amid technological competition between the US and China, Japan aims to strengthen its critical semiconductor ecosystem with the investment of overseas manufacturers.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Japan announced on Thursday that it will subsidize Samsung Electronics’ advanced semiconductor R&D facility up to 20 billion yen ($140 million). Prime Minister Fumio Kishida met with the managers of public-private sector companies manufacturing electronic parts, including semiconductors, in the capital Tokyo. Saito Ken, economy, trade and industry minister, Masakazu Tokura, president […]<\/p>\n","protected":false},"author":84,"featured_media":109343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[6857,7003,7104,544,9582,11555],"class_list":["post-109344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-kenya","tag-japan","tag-kenya","tag-samsung","tag-semi-conductor"],"yoast_head":"\nJapan to subsidize Samsung's semiconductor facility up to $140M - kenya<\/title>\n<meta name=\"description\" content=\"Japan announced on Thursday that it will subsidize Samsung Electronics' advanced semiconductor R&D facility up to 20 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japan to subsidize Samsung's semiconductor facility up to $140M\" \/>\n<meta property=\"og:description\" content=\"Japan announced on Thursday that it will subsidize Samsung Electronics' advanced semiconductor R&D facility up to 20 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-22T17:03:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/12\/sm_1703231535.418217.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Japan to subsidize Samsung’s semiconductor facility up to $140M\",\"datePublished\":\"2023-12-22T17:03:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m\"},\"wordCount\":211,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/12\/sm_1703231535.418217.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Japan\",\"Kenya\",\"Samsung\",\"Semi-conductor\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/japan-to-subsidize-samsungs-semiconductor-facility-up-to-140m\",\"name\":\"Japan to subsidize Samsung's semiconductor facility up to $140M - 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