SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › MarketWatch › Japan to provide additional ¥800 billion subsidy to Rapidus
  • 0

Japan to provide additional ¥800 billion subsidy to Rapidus

SemiMediaEdit
December 5, 2024

December 5, 2024 /SemiMedia/ — The Japanese government plans to allocate an additional ¥800 billion (approximately $5.4 billion) to Rapidus in its supplementary budget this year to advance domestic development of next-generation semiconductors, according to sources.

This funding is part of the government’s ¥1.6 trillion support package for the semiconductor and artificial intelligence (AI) sectors. Rapidus aims to achieve 2nm chip mass production by 2027, requiring an estimated ¥5 trillion in total investment. While the government has already pledged ¥920 billion in support, a funding gap of around ¥4 trillion remains. The new subsidy will cover research, development, and operational costs.

Rapidus began construction of its first factory, IIM-1, in Chitose, Hokkaido, in September 2023. The facility plans to start trial production in April 2025 and enter mass production by 2027.

The Japanese government emphasizes the growing importance of semiconductors for economic security. Since fiscal 2021, it has invested ¥3.9 trillion in the semiconductor industry, including Rapidus. Last year’s supplementary budget allocated ¥1.8 trillion, and a similar level of funding is expected this year.

Related

electronic components news Electronic components supplier Electronic parts supplier Japan chip foundry Rapidus
Microchip closes Arizona fab, impacting 500 employees
Previous
Denso and Fuji Electric invest $1.4 billion to develop EV SiC power devices
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Qualcomm ranked first in the world's top ten IC design companies
Mouser Electronics expands to the Philippines with local customer service center
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Mainland China set to lead global wafer foundry capacity by 2030, says Yole

Mainland China set to lead global wafer foundry capacity by 2030, says Yole

July 1, 2025
0
Texas Instruments raises analog chip prices, pushes ahead with $60 billion fab expansion

Texas Instruments raises analog chip prices, pushes ahead with $60 billion fab expansion

July 1, 2025
0
TDK launches high-temp 6-axis automotive IMU for cabin applications

TDK launches high-temp 6-axis automotive IMU for cabin applications

July 1, 2025
0
Semiconductor industry faces global shortage of 1 million skilled workers by 2030

Semiconductor industry faces global shortage of 1 million skilled workers by 2030

June 30, 2025
0
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator