Tokyo, April 17 (Jiji Press)–Japan’s industry ministry said Friday that it will provide up to 60 billion yen in aid for a state-of-the-art image sensor plant being built in southwestern Japan by Sony Group Corp. The state aid is intended to help ensure a stable supply of semiconductors, designated as a specified important item under the economic security promotion law. The aid will be used for production and other facilities. Image sensors are used for smartphone cameras and cameras for self-driving vehicles. The plant in the city of Koshi, Kumamoto Prefecture, is being constructed by subsidiary Sony Semiconductor Manufacturing Corp., based in the Kumamoto town of Kikuyo, at a total of cost 180 billion yen. The factory is expected to have a monthly production capacity of 10,000 300-millimeter wafers, with supplies seen starting in May 2029. Sony Group, which already has the world’s largest share of image sensors, aims to strengthen production and sales further as development competition is intensifying amid the growing presence of Chinese and South Korean rivals. END [Copyright The Jiji Press, Ltd.]
Sony to Receive Up to 60 B. Yen in State Subsidies
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