Sony and other Japan chipmakers to spend $30bn in production race

- Major Japanese semiconductor companies, including Sony Group and Mitsubishi Electric, are planning around 5 trillion yen ($31 billion) in capital investments through 2029. - These investments aim to boost production of power devices and image sensors in growth fields like AI, decarbonization, and electric vehicles. - Japanese chipmakers are increasing investments in communications equipment sector, with semiconductor manufacturers increasing investments by 30%. - Sony Group is investing approximately 1.6 trillion yen to increase production of image sensors for smartphones and other products, with plans to expand to autonomous driving and monitoring. - Toshiba and Rohm are investing about 380 billion yen in total in power devices, eyeing markets for AI data centers and EVs. - Mitsubishi Electric will increase production capacity of silicon carbide power devices 5-fold by fiscal 2026. - Japanese government support for semiconductor industry due to economic security and supply chain disruptions. - Rapidus plans to produce cutting-edge 2-nanometer products for AI and aims to move to mass production in 2027. - Goal to increase sales of domestically produced semiconductors to over 15 trillion yen by 2030, with subsidies of 3.9 trillion yen from fiscal 2021 to fiscal 2023. - Government to subsidize about 1.5 trillion yen of the 5 trillion yen in planned investments. - Market share of Japanese semiconductor manufacturers increased to 8.68% in 2023 according to British research company Omdia. - Unable to find the specific page requested - Page may have been moved, renamed, or no longer exists - Helpful links: Home page, Search, Contact Us

🚨 Reddit sentiment: mixed - Comments feature both bullish and bearish sentiments. Some are enthusiastic about buying, while others are concerned about future oversupply and its negative impact on chip stocks. Summarized comments: - I opened covered calls on sony last week for the first time ever Bye bye shares.. god dammit - BUY BUY BUY! - Only 30 billion? - Anyone else think we might end up with massive chip oversupply in like a decade and then a bunch of these chip stocks are going to suffer? Stock tickers discussed: $SONY