Global Trade Alert
Global Trade Alert

Japan: Kioxia and Western Digital receive financial grant from government to build new facilties

Announcement

06 Feb 2024

In February 2024, the Japanese government announced its decision to provide a financial grant to Kioxia and Western Digital for building two new plants for 3D flash memory production.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

06 Feb 2024

Revocation date:

No revocation date

Financial grant In force

On 6 February 2024, the Minister for Economy, Trade and Industry announced that the Ministry awarded a financial grant of JPY 150 billion (USD 1 billion) to Kioxia and Western Digital through their jo...

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Implementation date

06 Feb 2024

Revocation date:

No revocation date

FDI: Financial incentive In force

On 6 February 2024, the Minister for Economy, Trade and Industry announced that the Ministry awarded a financial grant of JPY 150 billion (USD 1 billion) to Western Digital through their joint venture...

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