“Japan approves additional $3.9 billion in subsidies for chip firm Rapidus to meet semiconductor goals”
April 3, 2024
“Japan said Tuesday it has approved up to 590 billion yen ($3.89 billion) in additional subsidies for chipmaker Rapidus Corporation, as the country plays catch up with other nations on semiconductor manufacturing.
The latest round of support will include up to 53.5 billion yen for research and development of back-end processes such as chip packaging, according to a press briefing by Japan’s Ministry of Economy, Trade and Industry on Tuesday…”