Powerchip to Build New $438 Million Fab in Japan, Boosting Country's Semiconductor Industry

Powerchip, Taiwan's third-largest semiconductor company, announced on October 31, 2023 that it will build a new fab in Japan. The fab is expected to cost 54 billion yen (US$438 million) and will produce 12-inch wafers for a variety of semiconductor products, including chips for smartphones, TVs, and computers. The fab is expected to start production in 2026.

This investment is a major boost for the Japanese semiconductor industry, which has been losing ground to other countries in recent years. It is also a sign of Powerchip's confidence in the future of the Japanese economy. The fab is expected to create thousands of jobs and generate billions of dollars in economic activity.