Japan to give Micron Technology up to $320 mln to boost chip output in Hiroshima [Financial Post (Toronto, Ontario, Canada)]
Western Digital Corporation (WDC)
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Source: Financial Post
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 growing tension and an intensifying technology rivalry with China. Japan in July said it was giving 92.9 billion yen to U.S. firm Western Digital Corp to boost flash memory chip output at a Japanese plant operated with local partner Kioxia Holdings, which was spun off from Toshiba Corp. That announcement came ahead of a trip to the United States by then industry minister Koichi Hagiuda for talks on semiconductor cooperation that led to an agreement to establish a joint research center for next-generation chips. Japan's decision to subsidize Micron's production plans comes after the chipmaker on Thursday said it was cutting its investment plans by 30% amid a fall in demand for PCs and smartphon
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WDC
Earnings
- 4/25/24 - Beat
WDC
Sec Filings
- 4/30/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- WDC's page on the SEC website