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A comment on Sony to join TSMC on new $7B chip plant in Japan. Parent comment

Re:Sony to join TSMC on new $7B chip plant in Japan by pelorat on Tuesday October 12, 2021 @04:13AM (#28837304)
I think an issue is tax breaks. In many European countries (AFAIK) it would be against the law to offer a company a tax break if they would choose to establish operations there.

> The total investment in the project is estimated at 800 billion yen ($7 billion), with the Japanese government expected to provide up to half the amount.

That definately wouldn't fly in many EU countries.

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Re:Sony to join TSMC on new $7B chip plant in Japan by thow-58d4e8b on Tuesday October 12, 2021 @05:51AM (#28837907)
State aid in EU is limited to 15% of the total value of the investment, but sometimes it is circumvented by offloading certain parts of the investment onto public budgets (e.g. infrastructure, or training programs)
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