-
What we know about alleged strike on Iran school
-
Judge, Skenes deliver as USA reach World Baseball Classic quarters
-
AI-enhanced images of real events distort view of Mideast war
-
Former Fukushima worker devotes life to abandoned pets
-
Crude plunges, stocks rally as Trump says war 'pretty much' complete
-
Gilgeous-Alexander equals scoring record as Thunder roll Nuggets
-
Vance, Hegseth attend return of seventh US troop killed in Iran war
-
Myanmar civil war drives drugs epidemic in Thai hills
-
AI offers hope for young filmmakers dreaming of an Oscar
-
Viral drone video fuels debate about Rio favela tourism
-
No Mbappe, no chance? Real Madrid on ropes against Man City
-
Fertilizer prices surge from Iran war, squeezing weary US farmers
-
Venezuelan lawmakers advance mining reforms sought by US
-
Siniakova ends Andreeva Indian Wells defense in third round
-
Kelce set for Chiefs extension, Tagovailoa cut by Dolphins
-
Djokovic edges Kovacevic to reach Indian Wells last 16
-
Trump says Iran war will end 'very soon'
-
US brothers guilty of luxury real estate sex-trafficking scheme: US media
-
West Ham reach FA Cup quarters after Ouattara's penalty howler
-
US, Israel see gap on Iran as Trump under pressure
-
Scholes makes peace with Carrick after jibe at former Man Utd team-mate
-
US stocks end wild session higher as Trump says Iran war 'pretty much' over
-
Tech researchers sue US Trump administration over visa bans
-
UK warplanes down drones in Middle East, conduct 'defensive' sorties for UAE
-
Djokovic suvives scare to reach Indian Wells last 16
-
Trump hints end of Iran war in sight, saying operations 'very complete'
-
McIlroy racing to be fit for Players defense
-
Slot's Liverpool ready for Galatasaray cauldron
-
Barca must conquer 'best league in world' in Newcastle clash: Flick
-
Lebanon president accuses Hezbollah of working to 'collapse' state
-
Shipping giant MSC halts Gulf exports amid war risks
-
Europe can help Spurs improve, but Premier League priority: Tudor
-
EU lawmakers back 'return hubs' for migrants
-
Trump's limited options to curb Iran war oil price surge
-
Colombia's left boosted by legislative vote
-
Patrick Halgren: America's greatest showman at the Paralympics
-
Four years after banning Russia, FIFA and IOC passive in the face of war
-
Iraq coach calls for World Cup playoff to be re-scheduled
-
Germany's Max Kanter sprints to Paris-Nice second stage win
-
France, allies preparing bid to 'gradually' reopen Strait of Hormuz
-
Anthropic takes Trump administration to court over Pentagon row
-
Antarctic sea ice improves after four years of extreme lows: US scientists
-
Beating Barca would make us Newcastle legends: Howe
-
Iran war sends crude prices soaring as Khamenei son takes charge
-
Zelensky says 11 countries asking Ukraine for drone help against Iran
-
France, allies preparing 'defensive' mission to reopen Strait of Hormuz: Macron
-
Ships brandish China-links to weave through Strait of Hormuz
-
Trump says Australia will grant asylum to Iran women footballers
-
NATO intercepts second Iran missile in Turkish airspace
-
War in the Middle East: economic impact around the world
Chip giant TSMC shifts away from hotspot Taiwan with Japan plant
Taiwanese chip giant TSMC is set to open an $8.6 billion plant in Japan on Saturday as the firm moves some of its crucial hardware manufacturing away from its native base.
Taiwan Semiconductor Manufacturing Company, which counts Apple and Nvidia as clients, produces half the world's chips, used in everything from smartphones to satellites and increasingly to power AI technology.
But TSMC's customers, as well as governments concerned about supplies of chips vital to the economy and to defence, want the firm to make more chips away from the self-ruled island.
China's increasing assertiveness towards Taiwan -- which it claims as its own territory and has not ruled out taking by force -- has sparked worries about the world's dependence on the island for chips production and pushed TSMC to diversify where it makes them.
The new plant in Japan is "the most significant TSMC international investment to open in many years", said Chris Miller, author of "Chip War: The Fight for the World's Most Critical Technology".
"It will also solidify the political relationship between Taiwan and Japan at a time when Taiwan is looking to make sure it's got powerful friends that can help it stand up to Chinese pressure," Miller told AFP.
But TSMC's new facility on the southern island of Kyushu is also a coup for Japan as it vies with the United States and Europe to woo semiconductor firms with huge subsidies.
- State sweeteners -
Prime Minister Fumio Kishida will reportedly be among those attending Saturday afternoon's opening ceremony with senior TSMC executives.
Firms like Toshiba and NEC helped Japan dominate in microchips in the 1980s but competition from South Korea and Taiwan saw its global market share slump from more than 50 percent to around 10 percent.
Now Japan is making available up to four trillion yen ($26.7 billion) in state sweeteners to help triple the sales of domestically produced chips to more than 15 trillion yen by 2030.
The new TSMC plant in the town of Kikuyo, for which the government pledged over 40 percent of the costs -- Sony and Denso are also on board -- is just the first.
With "strong" Japanese government support, TSMC this month announced a second facility, to make more advanced chips, and is reportedly eyeing a third and even a fourth.
Others getting state funds include Kioxia, Micron and Rapidus, an ambitious joint venture involving IBM and Japanese firms for state-of-the-art two-nanometre logic chips.
- Welcome banners -
TSMC is building a second factory in the US state of Arizona and plans another in Germany, its first in Europe.
But Japan has the advantage of being geographically closer, has a wealth of experience in the sector and, for the Kikuyo plant at least which took 22 months to build, is fast.
By contrast in the United States, which itself has announced subsidies of $52.7 billion to boost its own sector, the Arizona plant has been delayed and has seen disputes with unions.
"I have seen many factories being built by various companies, but TSMC was built with remarkable speed," Taro Imamura, a local official in Kikuyo, told AFP.
"Everyone in town, from children to the elderly, now knows the words 'chips' and 'TSMC'," Imamura said at Kikuyo's town hall, where a banner reads "We welcome TSMC workers".
The Kumamoto area of Kyushu is already a hub for Japanese semiconductor companies, including makers of machines for chip fabs like Tokyo Electron that are doing brisk business with China.
But as with other sectors in ageing Japan, there are worries about finding enough workers, particularly with local students either leaving or preferring other industries than chips.
Graduates are "more interested in software", Kenichiro Takakura, associate professor at the National Institute of Technology's Kumamoto College, told AFP.
W.Huber--VB