Japan Boosting Semiconductor Industry with $301 Million Support
Japan trade ministry announced on Friday its commitment of up to 45 billion yen ($301 million) in support to an organization focused on advancing semiconductor technology, including chip foundry venture Rapidus. The Leading-edge Semiconductor Technology Center (LSTC), chaired by Tetsuro Higashi, Rapidus’s Chairman, consists of various research institutions and universities.
This support coincides with Japan’s significant effort to revitalize its chip manufacturing capabilities. Rapidus, backed by substantial subsidies, aims to establish mass production facilities for 2-nanometer logic chips in Hokkaido, positioning itself to compete with industry giants like Taiwan’s TSMC.
In a move showcasing confidence in manufacturing capabilities, TSMC recently announced plans to construct a second fab in the country, set to commence operations by 2027.
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