Japan to give Micron Tech up to $320 mln to boost Hiroshima chip output [Financial Post (Toronto, Ontario, Canada)]
Western Digital Corporation (WDC)
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Source: Financial Post
help build advanced memory chips at its Hiroshima plant, as the U.S. chipmaker trims capital investment elsewhere. Best food storage containers for cabinet organization and leftovers Advertisement The financial aid announcement, which follows the visit to Japan by U.S. Vice President Kamala Harris, is the latest example of growing cooperation between Washington and Tokyo in chip manufacturing amid increasing tension and an intensifying technology rivalry with China. “Micron appreciates the support of the Japanese government, and are proud to be a global partner in Japan's effort to expand semiconductor production and advance innovation,” Micron's executive vice president of global operations, Manish Bhatia, said in a press release. The Hiroshima plant will build its new 1-Beta dynamic random-access memory (DRAM) chips there, the company added. Micron on Thursday said it was cutting its overall investment plans by 30% amid a fall in demand for PCs and smartphones. “The mile
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WDC
Earnings
- 1/25/24 - Beat
WDC
Sec Filings
- 4/9/24 - Form 4
- 4/8/24 - Form 144
- 4/2/24 - Form 4
- WDC's page on the SEC website