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JAPAN TARGETS FIVEFOLD RISE IN DOMESTICALLY MADE CHIP SALES BY 2040

  • NEWS Desk Global
  • 1 hour ago
  • 1 min read

Japan on Tuesday set a new target to boost sales of ​domestically produced semiconductors fivefold by 2040 under ‌Prime Minister Sanae Takaichi's growth investment strategy as it seeks to catch up with global rivals and ​tap the AI boom.

The government set the ​2040 goal at 40 trillion yen ($253.6 billion) ⁠in annual sales of Japan-made chips, up ​from roughly 8 trillion yen now, extending an ​existing target of 15 trillion yen for 2030.

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