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Global Trade Alert

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Japan: METI announced grant to Kioxia and Western Digital for next generation semiconductor production

Description

On 26 July 2022, the Minister for Economy, Trade and Industry announced that the Ministry (METI) would provide approximately JPY 92.9 billion (USD 680 million) in subsidy to Kioxia Corp. and Western D...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jul 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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