The estimated investment for the second facility will be approximately $13.5 billion, representing significant economic growth for the southwestern Japan prefecture. While the project could create new jobs and boost the local economy, residents have raised concerns about potential problems such as groundwater contamination and increased traffic congestion.

The company’s first factory, located in the same city, is planned to start mass production later this year with an investment of $8.6 billion.

Source: Ferra

Previous articleBloomberg learned details of the largest iOS update for iPhone in history
Next articleCanon will start producing machines for nanoimprint lithography this year Science and technology04:30 | January 30, 2024
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here