The national government and Niigata Prefecture provide subsidies to JS Foundry
🟦Subsidies from the Japan government and Niigata Prefecture to JS Foundry
It is expected that JS Foundari, a contract semiconductor manufacturer, will receive a total of about 5.7 billion yen in subsidies from the national government and Niigata Prefecture. JS Foundry was established in December 2022 by Mercuria Investment, a domestic investment fund, and others after acquiring onsemi’s Niigata Plant (Ochiya City, Niigata Prefecture). The Niigata plant was a former Sanyo Semiconductor factory in 2011.
JS Foundry plans to invest approximately 20 billion yen to increase production of power semiconductors and analog semiconductors. In other words, we plan to receive a subsidy of about 1/3 of the total investment. With the investment, we will build a new power semiconductor production line that supports 8-inch wafers in addition to the existing 6-inch wafers. The new line is expected to be operational in 2024
🟦 Japan’s first independent semiconductor foundry
JS Foundry was established as the first independent foundry business company in Japan. Originally, as a Japan Specialty (JS) foundry, we solicited investments from Mitsubishi Electric, Toshiba, Fuji Electric, and other companies that handle power semiconductors. As a result, it did not attract investment, and it became an independent foundry. Power semiconductor companies prioritized investments such as 12-inch support in-house.
- Investment in domestic power semiconductors
- Mitsubishi Electric Fukuyama Plant 130 billion yen
- Fuji Electric Tsugaru Plant 190 billion yen
- Toshiba Kaga Plant 130 billion yen
- Renesas Kofu Plant 90 billion yen
- JS Foundry: ¥20.0 billion
🟦Summary
The national government and Niigata Prefecture subsidize JS Foundry, and the scale of the subsidy is small according to the scale of investment.
Rapidus, a foundry of advanced processes, has attracted 80 billion yen investment from the Ministry of Economy, Trade and Industry (METI), NTT, Sony, SoftBank, Toyota, and others. I didn’t gather at the JS Foundry for power semiconductors, probably because I didn’t have the right person to recruit.
