Micron plans for $7 billion Japanese DRAM fab
Micron will purchase land near existing facilities in Higashihiroshima city and the Japanese government is expected to provide subsidies.
The DRAM wafer fab is expected to start production in 2024 and create between 2,000 and 3,000 jobs
The move follows an announcement that foundry chipmaker TSMC plans to build a wafer fab in Japan with Sony as the anchor customer. In that case the Japanese government is reportedly ready to provide 500 billion yen or about half of a $9 billion price tag.
Micron has said it plans to spend $150 billion on capex and R&D over the next decade.
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