Japan to Provide Up to 159 Billion Yen in Subsidies to Tower Semiconductor

Jul 15, 2026 | News On Japan

TOKYO - The Ministry of Economy, Trade and Industry said it will provide up to approximately 159 billion yen in subsidies to Israel-based chipmaker Tower Semiconductor to expand production capacity at facilities in Niigata and Toyama prefectures.

Tower Semiconductor manufactures silicon photonics chips for optical communications, a technology that enables faster data transmission while reducing power consumption.

The company plans to invest approximately 600 billion yen to increase production capacity at the two facilities.

Source: テレ東BIZ

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