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Japan invests $5.4B more into semiconductor startup Rapidus to boost chip production by 2027.
Japan plans to invest an additional $5.4 billion into Rapidus, a semiconductor startup aiming to mass-produce advanced chips by 2027.
This brings total government support to about $17.2 billion.
Rapidus, founded in 2022 with partners like Sony and Toyota, is set to begin trial production in April.
The funding aims to boost Japan's semiconductor industry amid growing global demand for advanced chips, driven by AI technologies.
Japan seeks to secure stable chip supplies and regain a competitive edge in the global market.
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Japón invierte $5.4B más en la startup de semiconductores Rapidus para impulsar la producción de chips para 2027.