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Around 20 Japanese firms to develop chip production technology with TSMC -Nikkei

TOKYO, May 31 (Reuters) - Around 20 Japanese companies, including electronic component maker Ibiden Co, will work with Taiwan Semiconductor Manufacturing Co (TSMC) to develop chip manufacturing technology at a research center in Japan, the Nikkei newspaper reported.

Japan’s government will pay half of the 37 billion yen ($337 million) cost of the facility, The Nikkei said, without disclosing its sources. ($1 = 109.7000 yen) (Reporting by Tim Kelly; Editing by Kirsten Donovan)

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