Key Points
TOKYO, July 21 (Reuters) - Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp (6770.TW) aims to list a joint venture being set up to build a factory in Japan in five to seven years, an executive from the chipmaker said on Friday...
Powerchip and Japanese financial firm SBI Holdings (8473.T) earlier this month said they aim to attract government subsidies to build the plant amid a wave of investment in Japan aimed at boosting its chip manufacturing capabilities...
"I think about five to seven years... it depends on the business," Joe Wu, President of PSMC Japan, told Reuters when asked about the timing for a potential listing...
Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) has secured subsidies for a plant in Kyushu that will supply chips to Sony Group (6758.T) and auto parts maker Denso Corp (6902.T)...
Powerchip and SBI hope to attract additional funds for the Japan business and are targeting chip industry customers and financial investors as potential backers, Wu said...
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