Samsung to receive ¥20 bil gov't subsidy for chip facility in Japan

South Korea's Samsung Electronics Co will receive a subsidy of up to 20 billion yen to build a new research and development facility for advanced semiconductors near Tokyo, Japan's industry ministry said Thursday.

The provision of the subsidy for the facility in Yokohama to one of the world's leading chipmakers is part of Japan's efforts to increase domestic chip production.

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