Economics
Japan’s LDP Names Former Minister Yamagiwa as Chip Czar
- Yamagiwa replaces Amari, who championed Tokyo’s push for chips
- Japan plans to boost public funding for semiconductors, AI
This article is for subscribers only.
Japan’s ruling party named Daishiro Yamagiwa as the new chairman of its group that promotes semiconductors, as it sets up a new mechanism to boost funding for the key industry.
Yamagiwa, who formerly served as economic revitalization minister, replaces Akira Amari, a Liberal Democratic Party heavyweight who championed Tokyo’s renewed push for chips until he lost his seat in parliament in last month’s national election.