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Japan Plans ¥60 Billion Subsidy for Sony’s Kumamoto Image-Sensor Plant

The support would shore up domestic production of automotive sensors under Japan’s Economic Security Promotion Law.

Overview

  • Japan plans a ¥60 billion subsidy for Sony’s new image-sensor factory in Koshi, according to The Japan News, which cited unnamed sources.
  • The funding would cover up to one-third of about ¥180 billion in production equipment and other facilities for the site.
  • METI is set to approve a program under the Economic Security Promotion Law to secure a stable supply of automotive image sensors.
  • The plant, built by Sony Semiconductor Manufacturing, is under construction with operations targeted for May 2029.
  • Sony holds about 56% of the smartphone image-sensor market, yet rivals Samsung and OmniVision are gaining ground.