Japan Bets Big on Chips to Boost Economy

• Japan's $27B chip spending aims to revive semiconductor industry and boost economic growth

• Anecdotal evidence shows chip projects already impacting local economies like Hokkaido and Kumamoto

• Government hopes new chip strategy fills economic void left when companies moved production abroad

• Goal is to triple domestic chip sales to $15T by 2030 and regain ground lost to Asian rivals

• Still not guaranteed to succeed like earlier government chip venture that went bankrupt in 2012