Japan Tries to Reclaim Its Clout as a Global Tech Leader

Published On Sep 6, 2024, 12:00 AM

Japanese chip manufacturers are leveraging significant government funding and international partnerships, particularly with IBM, to revitalize the country's semiconductor industry. This initiative is part of Japan's broader strategy to enhance its industrial policies and economic position, as a response to the competitive pressures observed from China's advancements in industrial policy and manufacturing. After several decades of economic stagnation, Japan's government aims to reestablish the nation as a leader in technology and innovation through this multibillion-dollar investment in domestic manufacturing.