Japan has ceased a US $ 338 million deal for a semiconductor research project. To develop advanced technology in the country with Taiwan Semiconductor Manufacturing Company (TSMC). Which is one of the leading companies in the market.

If we see more about TSMC then you would find that Taiwan’ chip-making plants are among the largest and advanced in the world. Thus the project is intended to boost the competitiveness of Japan in the semiconductor sector. Japan is particularly famous for its automobile industry which requires great use of semiconductors for many purposes. But there is a global semiconductor shortage that has hampered the manufacturing industry like autos. This is also a key point for the signing of the project.

According to an official from Tokyo’s Ministry of Economy Trade and Industry. That there are 20 Japanese companies that will be working with TSMC on the project worth 37 billion yen. The main focus of the research will be on the technology of assembling 3D chips. Which are dense devices and at the same time small this means it is delicate work.

Semiconductors are also an important part of electronic home appliances. Due to the pandemic, the demand for home electronics has risen drastically. This indicates the need for projects to fulfil some basic needs. Some more factors that had deepened the throttled chip supplies are- a US cold snap. A drought in Taiwan and a fire at Japan’s Renesas manufacturer.

If we take a close look at why semiconductors are important? The answer is very basic that they are an essential part of much-advanced technology. That we used today from your home electronics to top supercomputer semiconductors are the base of linear integrated circuits. Which is the most essential tech in today’s world, processors chips, RAM, ROM work on linear integrated circuits.

The officials said that for the project to kick off by 2022 the construction will begin this summer only. On research facilities at the National Institute of Advanced Industrial Science and Technology in Tsukuba, near Tokyo. Chemical firms Asahi Kasei, Mitsui Chemicals and Sumitomo chemicals are among the 20 Japanese companies which are involved in this project.