m.jiemian

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October 11

  • Japan's Government to Invest in Semiconductor Company Rapidus

    ➀ The Japanese government is considering investing in Rapidus, a semiconductor company aiming to mass-produce the next generation of semiconductors by 2027;

    ➁ The government plans to exchange funds for Rapidus' shares, with the government-funded factory to be built by Rapidus;

    ➂ The government has already decided to invest a total of 920 billion yen (about 4.36 billion RMB) through the New Energy and Industrial Technology Development Organization (NEDO) under the Ministry of Economy, Trade and Industry (METI) as a research and development fee;

    ➃ Rapidus is constructing a factory in Chitose, Hokkaido, and plans to start trial production lines in April 2025.

    JapanRapidussemiconductor