TOKYO -- Japan will provide Rapidus an additional 260 billion yen ($1.94 billion) in assistance under plans announced Tuesday as the government spearheads efforts to strengthen domestic semiconductor production.
Money going to R&D, including dispatching of engineers to IBM
Rapidus is a key piece of Japan's efforts to bring advanced semiconductor manufacturing back to the country. © Reuters
TOKYO -- Japan will provide Rapidus an additional 260 billion yen ($1.94 billion) in assistance under plans announced Tuesday as the government spearheads efforts to strengthen domestic semiconductor production.