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As told by PV: Japanese government directly injects money into Canon
  • Vitaliy_KiselevVitaliy_Kiselev

    Canon has partnered with Tokyo Electron and Screen Semiconductor Solutions to develop advanced chipmaking production technology with support from the Japanese government according to a report by Nikkei Asia.

    The $386mil USD funding from the Japanese government is through the National Institute of Advanced Industrial Science and Technology, along with the Ministry of Economy, Trade and Industry (METI).

    The goal is to develop and implement a 2-nanometer or smaller process for chips by the mid-2020s.

    https://asia.nikkei.com/Business/Tech/Semiconductors/Canon-and-Tokyo-Electron-to-join-Japan-advanced-chipmaking-project

    Note how neat the goal is formulated, as it is more or less clear that it never will be reached, they just try to make it long so everyone will forget.

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