Taiwanese semiconductor giant TSMC opens a mega-factory in Japan. The Kikuyo mega- factory, costing the equivalent of 8 billion euros, was subsidized by more than 40% by Japan.
It is one of the pillars of Japan's ambitious plan to revitalize its semiconductor industry. TSMC has begun to further diversify its industrial capabilities, amid growing fears of an invasion of Taiwan by China, which considers the island a Chinese province that it must regain control of.