Japan considers new legislation to back advanced chipmaking


An aerial view shows the semiconductor plant by Japan Advanced Semiconductor Manufacturing Company (JASM), a subsidiary of Taiwan Semiconductor Manufacturing Company (TSMC), in Kikuyo town, Kumamoto prefecture, southwestern Japan February 12, 2024, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERS/File Photo

TOKYO (Reuters) - Japan plans to look into legislation to support the commercial production of advanced semiconductors, a draft of this year's long-term economic policy plan seen by Reuters shows.

The long-term roadmap, which is crafted each year as a key document highlighting the administration's policy priorities, is expected to be finalised around June 21.

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