The sales target for firms that make chips in Japan will help secure a stable supply of semiconductors for the nation, according to the strategy. The target, which appeared in earlier drafts of the revised strategy, compares with sales of about 5 trillion yen in 2020.
The Japanese government revamped its chip strategy with a goal of tripling sales of domestically produced semiconductors to more than 15 trillion yen ($145.34 billion) by 2030, as the nation centres chips at the heart of its economic security policy.
The revised strategy, released Tuesday, aims to strengthen efforts to develop and produce cutting-edge semiconductors that are critical for economic security measures and advanced technology like generative AI, according to the economy ministry.
