📊Executive Summary

Micron Technology is investing approximately 14 trillion won (1.5 trillion yen) to construct a new high-bandwidth memory (HBM) factory in western Japan, aiming for production to start in 2028. This investment is part of Micron's strategy to diversify its semiconductor production away from Taiwan and mitigate geopolitical risks. The Japanese government is supporting this initiative with significant subsidies, reflecting its commitment to revitalizing the domestic semiconductor industry. This development is crucial as demand for HBM is surging due to the increasing needs of AI processors, intensifying competition with major players like SK Hynix and Samsung....