Sony to receive up to ¥60 billion in state subsidies for image sensor plant

Economy, Trade and Industry Minister Ryosei Akazawa holds a news conference after a Cabinet meeting at the Diet building on Friday
Threads
Email
Print
Bookmark story
Copy link
The industry ministry said Friday that it will provide up to ¥60 billion ($375 million) in aid for a state-of-the-art image sensor plant being built in southwestern Japan by Sony.The state aid is intended to help ensure a stable supply of semiconductors, designated as a specified important item under the economic security promotion law
The aid will be used for production and other facilities.Image sensors are used for smartphone cameras and cameras for self-driving vehicles.The plant in the city of Koshi, Kumamoto Prefecture, is being constructed by subsidiary Sony Semiconductor Manufacturing, based in the Kumamoto town of Kikuyo, at a total cost of ¥180 billion
KEYWORDS
Sony(https://www.japantimes.co.jp/tag/sony), METI(https://www.japantimes.co.jp/tag/meti), Kumamoto(https://www.japantimes.co.jp/tag/kumamoto), cameras(https://www.japantimes.co.jp/tag/cameras), self-driving(https://www.japantimes.co.jp/tag/self-driving), phones(https://www.japantimes.co.jp/tag/phones)
In a time of both misinformation and too much information, quality journalism is more crucial than ever.By subscribing, you can help us get the story right.

SUBSCRIBE NOW
With your current subscription plan you can comment on stories
However, before writing your first comment, please create a display name
in the Profile section of your subscriber account page.

Your subscription plan doesn't allow commenting
Japan to deploy 1,400 troops and missiles to large-scale drills in expanded role
Japan implements language proficiency requirements for certain visa applicants
Police investigate stains found on national treasure at Nara temple
Japan to restrict power banks on flights from April 24
Mammals cannot be cloned infinitely, Japanese mouse study shows
As AI advances, translators forced to adapt to industry changes
Why Princess Aiko won't ascend the chrysanthemum throne
Where will the Centrist Reform Alliance’s soul-searching take it?

Japan freezes visa applications for foreign restaurant workers
Where Tokyo goes to sweat and soak
Beijing row highlights need for Japan to reduce cleantech dependence on China
Kabukicho: Tokyo’s ‘stadium of desire’
Japan’s temples and shrines are testing the limits.

Ambassador believes in baseball diplomacy
Sponsored contents planned and edited by JT Media Enterprise Division.

Myanmar reduces ex-leader Aung San Suu Kyi's sentence and frees former president
59 mins ago
Xi welcomes slew of world leaders as Trump fights with allies
1 hour ago
China's information war turns Taiwan’s own voices against it
1 hour ago
Japan’s wage growth holds momentum after small firms reach deals
1 hour ago
Japanese drone maker notes tailwind as demand jumps and China frozen out of U.S.

1 hour ago