TAIWAN'S POWERCHIP CONSIDERING 5 SITES IN JAPAN FOR $5.4 BLN FACTORY

Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp (6770.TW) is considering around five sites in Japan, including Mie prefecture, for setting up a potential $5.4 billion factory as talks on subsidies progress, sources said.

Powerchip announced in July it was setting up a joint venture with Japanese financial firm SBI Holdings (8473.T) with the aim of securing government subsidies to build a plant in Japan.

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