Dec. 14, 2022 /SemiMedia/ -- IBM announced yesterday that it had reached cooperation with Japanese chip manufacturer Rapidus on the most advanced chip manufacturing.

Rapidus was established in August 2022 and jointly invested by Toyota, Sony, Softbank, Kioxia, Nihon Electric, Nihon Telecom and Mitsubishi UFJ Bank. In November this year, the Japanese government announced that it would provide 70 billion yen to Rapidus.

It is reported that Rapidus is promoting the production of 2nm chips. According to the memorandum of cooperation signed recently by Rapidus and IMEC, the largest chip R&D institution in Europe, the company is promoting the R&D and production of advanced semiconductor technology. Rapidus plans to mass produce 2nm chips by 2025 and improved 2nm+ultra fine semiconductors by 2027.