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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.
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. The Economy Ministry said Monday it approved as much as ¥675.5 billion of additional support for front-end processing and another ¥127 billion for back-end processing, which includes chip packaging and testing, to help Rapidus mass produce advanced semiconductors from scratch.
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