Japan approves US$3.9 billion in aid to chip venture Rapidus
Japan approved up to ¥590 billion (US$3.9 billion) in subsidies to chip venture Rapidus, committing more money to its ambition to catch up in semiconductor manufacturing. The additional funding will help Rapidus buy chipmaking equipment and also develop advanced back-end chipmaking processes, Economy Minister Ken Saito said. The amount is on top of billions of … Read more
