It is not just in words, but also in money.

According to Reuters, Yoshihiro Seki, the chairman of the relevant government residifying the Japan parliament, that represents the interests of the country’s political party, yesterday said TSMC plans to build another plant in Japan. Now with the support of Sony and Denso, the Taiwanese contract chip maker is building his first facility, which will start working in 2024. The existing $8.6 billion project will be financed by the country’s government by less than half.

Image Source: The Japan Times.

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The Japanese parliamentarian showed that the TSMCs are ready to support expansion of investment in the local industry, signaling they are interested in gaining advanced lithographic technology. Since TSMCs first venture will produce 28 and 12 nm chips for Sony, and it would be a bit complicated to call it advanced from this point of view. Similarly, the rapidus consortium, created with the help of the authorities, should start producing heavy production of 2-nm products by 2027.