Japan Boosts Semiconductor Ambitions with $3.9 Billion Aid to Rapidus
The substantial investment aims to elevate Japan's global semiconductor manufacturing status, targeting advanced chip production.
- Japan has approved an additional $3.9 billion in subsidies for semiconductor firm Rapidus, aiming to revitalize its chip manufacturing sector.
- The investment will support Rapidus in developing and mass-producing 2-nanometer chips by 2027, competing with industry leaders TSMC and Samsung.
- Funding includes support for research and development, particularly in back-end processes like chip packaging.
- Rapidus, a collaboration between the Japanese government and domestic companies, signifies Japan's efforts to reclaim its semiconductor industry leadership.
- The move reflects a global trend of increasing domestic semiconductor production capabilities amid growing geopolitical tensions.