Global Trade Alert
Global Trade Alert

Japan: Government announces state aid to Sumitomo Electric Industries for producing silicon carbide wafers

Announcement

16 Jun 2023

In June 2023, the Ministry of Economy, Trade and Industry announced that Sumitomo Electric Industries was selected to receive a financial grant in the second round of calls for securing a stable supply of semiconductors.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jun 2023

Revocation date:

No revocation date

Updated: 16 Jun 2023
Financial grant In force

On 16 June 2023, the Ministry of Economy, Trade and Industry announced that Sumitomo Electric Industries receives a financial grant of up to JPY 10 billion (USD 70.5 million) for their semiconducto...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.