Search

Japan approves additional $4 bln for chipmaker Rapidus

Japan’s industry ministry said on Saturday it has approved ​an additional 631.5 billion yen ($3.96 billion) ‌to accelerate research and development at chipmaker Rapidus.

The support is part of the ​government’s efforts to boost domestic ​production of advanced semiconductors and strengthen ⁠chip supply chains.

With the latest ​funding, Rapidus’ total research and development ​assistance amounts to 2.354 trillion yen.

This article is reserved for logged-in users. You have 80% left to discover.
up