Japan, US discussing chip factory construction as part of US$550 billion investment talks, Nikkei reports

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Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS

Japan and the United States are in talks to build a semiconductor factory as part of their US$550 billion (HK$4.29 billion) investment agreement, the Nikkei business daily reported on Thursday.

The project is expected to be worth 2 trillion yen to 3 trillion yen ($12.85 billion to $19.27 billion) and would be operated by chipmaker GlobalFoundries, focusing on logic semiconductors, the Nikkei reported without citing sources.

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