Japan chipmaker Rapidus to receive $3.9bn more in government aid

Support to include Tokyo's first subsidy for back-end technology

20240401N Rapidus logo

Rapidus aims to produce cutting-edge 2-nanometer chips in Japan later this decade. © Reuters

RIHO NAGAO, RYO MUKANO and RYOHTAROH SATOH, Nikkei staff writers

TOKYO -- Japanese chipmaker Rapidus said it aims to deliver semiconductors to customers more than twice as quickly as rivals, as Tokyo bets on the startup with an additional 590 billion yen ($3.89 billion) in subsidies.

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