14 Articles
14 Articles
Japan Earmarks Another $5.4 Billion for Chip Startup Rapidus
Japan is preparing as much as ¥802.5 billion ($5.4 billion) in additional aid for chip startup Rapidus Corp., a move that reflects Tokyo’s growing resolve to secure semiconductor supplies during a time of heightened US-China tensions.
Rapidus to receive additional 802.5 billion yen in funding, start semiconductor prototyping in April
On the 31st, the Ministry of Economy, Trade and Industry announced that it would provide up to an additional 802.5 billion yen in support to Rapidus, which aims to mass-produce cutting-edge semiconductors. This will bring the cumulative support amount to around 1.8 trillion yen. Rapidus aims to mass-produce cutting-edge semiconductors in 2027, and will begin prototyping at a factory in Chitose, Hokkaido, from April. METI will support the purchas…
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