Global Trade Alert
Global Trade Alert

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

Announcement

26 Jul 2022

In July 2022, the Minister for Economy, Trade and Industry announced a government subsidy for Kioxia and Western Digital for JPY 92.9 billion (USD 680 million) for a semiconductor production facility.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jul 2022

Revocation date:

No revocation date

Announced: 26 Jul 2022
Financial grant In force
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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