Profile - To The Moon

herc

Posts · 2Posts · 2
Following · 0Following · 0
Followers · 0Followers · 0

- hercherc
  ·2021-06-09
  Wow
  China's May factory gate prices rise at fastest pace in over 12 years
  * May PPI +9.0% y/y vs +8.5% poll, +6.8% in April* May CPI +1.3% y/y vs +1.6% poll, +0.9% in April*
  China's May factory gate prices rise at fastest pace in over 12 years
  96 Comment
  Like
  Share
  Report
- hercherc
  ·2021-06-08
  Wow
  Japan Must Work With TSMC to Build Chip Base, Lawmaker Says
  (Bloomberg) -- Japan can’t build a cutting-edge chip development and manufacturing base on its own,
  Japan Must Work With TSMC to Build Chip Base, Lawmaker Says
  60 Comment
  Like
  Share
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3586224649318661","uuid":"3586224649318661","gmtCreate":1623130787278,"gmtModify":1623130787278,"name":"herc","pinyin":"herc","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":3,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":3,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"init","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.14","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":1,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":3,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":180297888,"gmtCreate":1623204965744,"gmtModify":1704198306606,"author":{"id":"3586224649318661","authorId":"3586224649318661","name":"herc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586224649318661","authorIdStr":"3586224649318661"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180297888","repostId":"2142299655","repostType":4,"repost":{"id":"2142299655","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623204494,"share":"https://ttm.financial/m/news/2142299655?lang=&edition=fundamental","pubTime":"2021-06-09 10:08","market":"fut","language":"en","title":"China's May factory gate prices rise at fastest pace in over 12 years","url":"https://stock-news.laohu8.com/highlight/detail?id=2142299655","media":"Reuters","summary":"* May PPI +9.0% y/y vs +8.5% poll, +6.8% in April* May CPI +1.3% y/y vs +1.6% poll, +0.9% in April* ","content":"<p>* May PPI +9.0% y/y vs +8.5% poll, +6.8% in April</p><p>* May CPI +1.3% y/y vs +1.6% poll, +0.9% in April</p><p>* May CPI highest in eight months</p><p>BEIJING, June 9 (Reuters) - China's factory gate prices rose at their fastest annual pace in over 12 years in May due to surging global commodity prices and a low base of comparison, while consumer prices increased for the third straight month but at a slower-than-expected rate.</p><p>The producer price index (PPI) increased 9.0% from a year earlier, the National Bureau of Statistics <a href=\"https://laohu8.com/S/NBS\">$(NBS)$</a> said in a statement, driven by significant price increases in crude oil, iron ore and non-ferrous metals. Analysts in a Reuters poll had expected the PPI to rise 8.5% after a 6.8% increase in April.</p><p>On a monthly basis, the PPI rose 1.6%, up from a 0.9 uptick in April.</p><p>Higher commodity prices and low bases last year could further drive up China's producer price inflation in the second and third quarter, China's central bank has said.</p><p>Prices for commodities including coal, steel, iron ore and copper, which affect the PPI, have surged this year, fuelled by post-lockdown recoveries in demand and ample global liquidity.</p><p>Chinese policymakers have pledged to take measures to cool red hot commodity prices and prevent them being passed on to consumers. Soaring producer prices have yet to feed through to China's consumer inflation, which remains mild and well below the government's official target of about 3%.</p><p>NBS data also showed China's consumer price index <a href=\"https://laohu8.com/S/CPI.UK\">$(CPI.UK)$</a> rose 1.3% in May in annual terms, the biggest increase in eight months. That was still slower than analysts' forecast for a 1.6% increase, after a 0.9% gain in April.</p><p>China's economy has seen a strong rebound from a coronavirus-induced slump early last year.</p><p>China's gross domestic product <a href=\"https://laohu8.com/S/GDP\">$(GDP)$</a> expanded by a record 18.3% in the first quarter and many economists expect growth will exceed 8% this year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's May factory gate prices rise at fastest pace in over 12 years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's May factory gate prices rise at fastest pace in over 12 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-09 10:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* May PPI +9.0% y/y vs +8.5% poll, +6.8% in April</p><p>* May CPI +1.3% y/y vs +1.6% poll, +0.9% in April</p><p>* May CPI highest in eight months</p><p>BEIJING, June 9 (Reuters) - China's factory gate prices rose at their fastest annual pace in over 12 years in May due to surging global commodity prices and a low base of comparison, while consumer prices increased for the third straight month but at a slower-than-expected rate.</p><p>The producer price index (PPI) increased 9.0% from a year earlier, the National Bureau of Statistics <a href=\"https://laohu8.com/S/NBS\">$(NBS)$</a> said in a statement, driven by significant price increases in crude oil, iron ore and non-ferrous metals. Analysts in a Reuters poll had expected the PPI to rise 8.5% after a 6.8% increase in April.</p><p>On a monthly basis, the PPI rose 1.6%, up from a 0.9 uptick in April.</p><p>Higher commodity prices and low bases last year could further drive up China's producer price inflation in the second and third quarter, China's central bank has said.</p><p>Prices for commodities including coal, steel, iron ore and copper, which affect the PPI, have surged this year, fuelled by post-lockdown recoveries in demand and ample global liquidity.</p><p>Chinese policymakers have pledged to take measures to cool red hot commodity prices and prevent them being passed on to consumers. Soaring producer prices have yet to feed through to China's consumer inflation, which remains mild and well below the government's official target of about 3%.</p><p>NBS data also showed China's consumer price index <a href=\"https://laohu8.com/S/CPI.UK\">$(CPI.UK)$</a> rose 1.3% in May in annual terms, the biggest increase in eight months. That was still slower than analysts' forecast for a 1.6% increase, after a 0.9% gain in April.</p><p>China's economy has seen a strong rebound from a coronavirus-induced slump early last year.</p><p>China's gross domestic product <a href=\"https://laohu8.com/S/GDP\">$(GDP)$</a> expanded by a record 18.3% in the first quarter and many economists expect growth will exceed 8% this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142299655","content_text":"* May PPI +9.0% y/y vs +8.5% poll, +6.8% in April* May CPI +1.3% y/y vs +1.6% poll, +0.9% in April* May CPI highest in eight monthsBEIJING, June 9 (Reuters) - China's factory gate prices rose at their fastest annual pace in over 12 years in May due to surging global commodity prices and a low base of comparison, while consumer prices increased for the third straight month but at a slower-than-expected rate.The producer price index (PPI) increased 9.0% from a year earlier, the National Bureau of Statistics $(NBS)$ said in a statement, driven by significant price increases in crude oil, iron ore and non-ferrous metals. Analysts in a Reuters poll had expected the PPI to rise 8.5% after a 6.8% increase in April.On a monthly basis, the PPI rose 1.6%, up from a 0.9 uptick in April.Higher commodity prices and low bases last year could further drive up China's producer price inflation in the second and third quarter, China's central bank has said.Prices for commodities including coal, steel, iron ore and copper, which affect the PPI, have surged this year, fuelled by post-lockdown recoveries in demand and ample global liquidity.Chinese policymakers have pledged to take measures to cool red hot commodity prices and prevent them being passed on to consumers. Soaring producer prices have yet to feed through to China's consumer inflation, which remains mild and well below the government's official target of about 3%.NBS data also showed China's consumer price index $(CPI.UK)$ rose 1.3% in May in annual terms, the biggest increase in eight months. That was still slower than analysts' forecast for a 1.6% increase, after a 0.9% gain in April.China's economy has seen a strong rebound from a coronavirus-induced slump early last year.China's gross domestic product $(GDP)$ expanded by a record 18.3% in the first quarter and many economists expect growth will exceed 8% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117820883,"gmtCreate":1623131335742,"gmtModify":1704196713573,"author":{"id":"3586224649318661","authorId":"3586224649318661","name":"herc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586224649318661","authorIdStr":"3586224649318661"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117820883","repostId":"2141252393","repostType":4,"repost":{"id":"2141252393","pubTimestamp":1623129033,"share":"https://ttm.financial/m/news/2141252393?lang=&edition=fundamental","pubTime":"2021-06-08 13:10","market":"us","language":"en","title":"Japan Must Work With TSMC to Build Chip Base, Lawmaker Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2141252393","media":"Bloomberg","summary":"(Bloomberg) -- Japan can’t build a cutting-edge chip development and manufacturing base on its own, ","content":"<p>(Bloomberg) -- Japan can’t build a cutting-edge chip development and manufacturing base on its own, and must seek to cooperate with Taiwan Semiconductor Manufacturing Co., according to Akira Amari, a senior member of the ruling Liberal Democratic Party.</p><p>Amari, a former economy minister who heads an LDP working group on semiconductor strategy, added that the government must be prepared to spend trillions of yen to keep up with the U.S. and Europe. Both have plans to pour money into the industry amid a global shortage of semiconductors, including advanced logic chips that are essential for everything from artificial intelligence to autonomous driving.</p><p>“Unlike the purely domestic, independent way it was done in the past, I think we need to cooperate with overseas counterparts,” Amari said in an interview in Tokyo Monday. “The world’s top logic chipmaker is TSMC, so we must think about how to cooperate with them.”</p><p>His remarks came days after the powerful Ministry of Economy, Trade and Industry issued a report saying Japan would seek to drive growth in the nation’s chip industry as a “national project” on a par with securing food and energy, including through joint ventures with overseas chip foundries. Semiconductor shortages have plagued the global economy as it emerges from the coronavirus pandemdic, costing automakers, for example, a projected $110 billion in lost sales.</p><p>From a security point of view, Japan should work only with allies and “like-minded countries,” Amari added, saying that it would be “absolutely out of the question” to seek to bring in a Chinese company.</p><p>He said that although South Korea boasts some of the world’s top chipmakers, it is an “extremely difficult country” whose relationship with China is complicated.</p><p>Japan Lays Out ‘National Project’ for Chips After Lost Decades</p><p>While Japan has in the past tried to bolster its semiconductor industry, the idea has gained new urgency amid the chip shortages that have weighed on manufacturing across a range of industries. Japanese automakers, from Toyota Motor Corp. to Nissan Motor Co., are critical to its economy.</p><p>Japan’s share of global semiconductor sales dwindled to just 10% in 2019, down from 50% in 1988. The country still has 84 chip factories, the most in the world, but they’re not producing enough high-end products. As a result, Japan now has to import 64% of its semiconductors.</p><p>Former Prime Minister Shinzo Abe and Finance Minister Taro Aso act as advisers to Amari’s working group on semiconductors. Abe has told the group that the industry needs support on a different scale from before. Prime Minister Yoshihide Suga has also said the issue will be an important part of his government’s growth strategy.</p><p>Japan lost its place as a semiconductor superpower because of a number of factors, including trade tensions with the U.S. in the 1990s and an industry shift toward customization that gave rise to so-called foundries like TSMC.</p><p>The Japanese government’s approach of creating a single local champion by combining struggling units of domestic companies largely missed the mark. Elpida Memory Inc., the country’s last computer memory maker, filed for bankruptcy in 2012. Japan Display Inc., the equivalent effort to save the flat-panel industry, hasn’t made a profit in seven years as it struggles against South Korean and Chinese rivals.</p><p>“This sort of made-in-Japan self-reliance approach hasn’t worked out well,” Kazumi Nishikawa, a director at METI’s IT industry division, said in a separate interview. “This time the goal is to offer a strong incentive for an overseas logic foundry to come to Japan.”</p><p>The ministry’s strategic roadmap includes plans for a joint venture between <a href=\"https://laohu8.com/S/AONE\">one</a> of the world’s leading logic manufacturers -- a small group comprised of TSMC, Samsung Electronics Co. or Intel Corp. -- and some combination of Japanese chip end-users, equipment and materials makers. The country’s most advanced chip factories now produce chips using 40-nanometer technologies, well behind the cutting edge now pushing into the single-digit nanometer scale.</p><p>The focus at first would be on creating manufacturing facilities that make chips with 10 to 20-nanometer technologies for industrial applications, Nishikawa said. Building that kind of factory from scratch could cost more than 500 billion yen ($4.6 billion), he said.</p><p>Japan has an advantage in that there is a ready infrastructure of legacy chip manufacturing facilities that could serve as a base for the new plant, helping reduce initial costs.</p><p>He declined to comment on how much the government is prepared to contribute to lure the foreign players here. But he echoed Amari’s comments that it’s time for the country to open its checkbook.</p><p>“Japan needs to show that it’s serious about offering incentives” to foreign partners, Nishikawa said. “Our initiative has to be on par with other countries.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japan Must Work With TSMC to Build Chip Base, Lawmaker Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan Must Work With TSMC to Build Chip Base, Lawmaker Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 13:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/japan-must-tsmc-build-chip-233033375.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan can’t build a cutting-edge chip development and manufacturing base on its own, and must seek to cooperate with Taiwan Semiconductor Manufacturing Co., according to Akira Amari, a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japan-must-tsmc-build-chip-233033375.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03145":"华夏亚洲高息股","TSM":"台积电","TM":"丰田汽车","INTC":"英特尔"},"source_url":"https://finance.yahoo.com/news/japan-must-tsmc-build-chip-233033375.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2141252393","content_text":"(Bloomberg) -- Japan can’t build a cutting-edge chip development and manufacturing base on its own, and must seek to cooperate with Taiwan Semiconductor Manufacturing Co., according to Akira Amari, a senior member of the ruling Liberal Democratic Party.Amari, a former economy minister who heads an LDP working group on semiconductor strategy, added that the government must be prepared to spend trillions of yen to keep up with the U.S. and Europe. Both have plans to pour money into the industry amid a global shortage of semiconductors, including advanced logic chips that are essential for everything from artificial intelligence to autonomous driving.“Unlike the purely domestic, independent way it was done in the past, I think we need to cooperate with overseas counterparts,” Amari said in an interview in Tokyo Monday. “The world’s top logic chipmaker is TSMC, so we must think about how to cooperate with them.”His remarks came days after the powerful Ministry of Economy, Trade and Industry issued a report saying Japan would seek to drive growth in the nation’s chip industry as a “national project” on a par with securing food and energy, including through joint ventures with overseas chip foundries. Semiconductor shortages have plagued the global economy as it emerges from the coronavirus pandemdic, costing automakers, for example, a projected $110 billion in lost sales.From a security point of view, Japan should work only with allies and “like-minded countries,” Amari added, saying that it would be “absolutely out of the question” to seek to bring in a Chinese company.He said that although South Korea boasts some of the world’s top chipmakers, it is an “extremely difficult country” whose relationship with China is complicated.Japan Lays Out ‘National Project’ for Chips After Lost DecadesWhile Japan has in the past tried to bolster its semiconductor industry, the idea has gained new urgency amid the chip shortages that have weighed on manufacturing across a range of industries. Japanese automakers, from Toyota Motor Corp. to Nissan Motor Co., are critical to its economy.Japan’s share of global semiconductor sales dwindled to just 10% in 2019, down from 50% in 1988. The country still has 84 chip factories, the most in the world, but they’re not producing enough high-end products. As a result, Japan now has to import 64% of its semiconductors.Former Prime Minister Shinzo Abe and Finance Minister Taro Aso act as advisers to Amari’s working group on semiconductors. Abe has told the group that the industry needs support on a different scale from before. Prime Minister Yoshihide Suga has also said the issue will be an important part of his government’s growth strategy.Japan lost its place as a semiconductor superpower because of a number of factors, including trade tensions with the U.S. in the 1990s and an industry shift toward customization that gave rise to so-called foundries like TSMC.The Japanese government’s approach of creating a single local champion by combining struggling units of domestic companies largely missed the mark. Elpida Memory Inc., the country’s last computer memory maker, filed for bankruptcy in 2012. Japan Display Inc., the equivalent effort to save the flat-panel industry, hasn’t made a profit in seven years as it struggles against South Korean and Chinese rivals.“This sort of made-in-Japan self-reliance approach hasn’t worked out well,” Kazumi Nishikawa, a director at METI’s IT industry division, said in a separate interview. “This time the goal is to offer a strong incentive for an overseas logic foundry to come to Japan.”The ministry’s strategic roadmap includes plans for a joint venture between one of the world’s leading logic manufacturers -- a small group comprised of TSMC, Samsung Electronics Co. or Intel Corp. -- and some combination of Japanese chip end-users, equipment and materials makers. The country’s most advanced chip factories now produce chips using 40-nanometer technologies, well behind the cutting edge now pushing into the single-digit nanometer scale.The focus at first would be on creating manufacturing facilities that make chips with 10 to 20-nanometer technologies for industrial applications, Nishikawa said. Building that kind of factory from scratch could cost more than 500 billion yen ($4.6 billion), he said.Japan has an advantage in that there is a ready infrastructure of legacy chip manufacturing facilities that could serve as a base for the new plant, helping reduce initial costs.He declined to comment on how much the government is prepared to contribute to lure the foreign players here. But he echoed Amari’s comments that it’s time for the country to open its checkbook.“Japan needs to show that it’s serious about offering incentives” to foreign partners, Nishikawa said. “Our initiative has to be on par with other countries.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}