Japan's $33 Billion Gamble on Chip Manufacturing

2024-12-18

Japan is investing $33 billion in building semiconductor factories in remote areas like Hokkaido, aiming to reclaim its dominance in the chip industry. This has created a construction boom and attracted a large workforce, a stark contrast to the region's relatively sluggish job market. The ambitious project is a high-stakes gamble, but reflects Japan's determination to return to the forefront of technological innovation.