NTT, Kioxia to invest in new Japanese govt-backed semiconductor firm

NTT, Kioxia to invest in new Japanese govt-backed semiconductor firm

FILE PHOTO: The logo of NTT (Nippon Telegraph and Telephone Corporation) is displayed at the company office in Tokyo, Japan September 29, 2020. REUTERS/Issei Kato

Japanese companies, including Nippon Telegraph and Telephone Corp (NTT) and Kioxia Holdings Corp, have decided to invest in a new government-backed company that aims to mass-produce next-generation logic semiconductors, TV Tokyo reported on Thursday.

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