Japan outspends U.S., Germany on chip subsidies as share of GDP – Nikkei Asia

0.71% figure is highest, even as America provides more support in value terms
TOKYO — Japan is proportionately spending more heavily to support its semiconductor sector than the U.S. and other major Western nations are on theirs, data presented at a key government panel here Tuesday shows.
The Japanese figure of 3.9 trillion yen ($25.7 billion) over three years equals 0.71% of gross domestic product. The U.S. is spending more in value terms — the equivalent of 7.1 trillion yen over five years — but its share of GDP is 0.21%, less than a third of Japan’s.
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