NOSHIRO, Akita Prefecture Japan’s first large-scale offshore wind farm has begun commercial operation here, fanning expectations for a new era of alternative energy.
Companies are racing to capitalize on a boom in frozen food products as the novel coronavirus pandemic has boosted demand for food with a long shelf life.
More Japanese companies are moving their production facilities from China to Japan, fearing further disruptions from the novel coronavirus pandemic as well as the increasing friction between Washington and Beijing.
The government will provide up to 92.9 billion yen ($678 million) in subsidies to major semiconductor manufacturer Kioxia Corp. and U.S. chipmaker Western Digital Corp. for their new production facility in Japan.
With the help of government grants, companies around Japan are spending trillions of yen to construct or upgrade their semiconductor factories to heighten production amid the global chip shortage.