Chip manufacturers, including Apple supplier TSMC, have begun considering moving a portion of their manufacturing to Japan as US/China tensions continue to escalate.
Seven chipmakers have met with Japanese prime minister, Fumio Kishida, to discuss moving some portion of their operations to Japan. The announcement comes ahead of a G7 summit in Japan, where economic stability is expected to be a core topic.
However, due to mounting geopolitical tension, the company could see investors pulling out if it does not move at least a portion of its manufacturing out of Taiwan.
Along with TSMC, Samsung, Intel, and Micron have also expressed interest in building plants in Japan.
Japan’s minister of economy, trade, and industry, Yasutoshi Nishimura, has said the Japanese government would use 1.3 trillion yen from its supplementary budget to support pledges made by foreign chipmakers.
This story originally appeared on Appleinsider
