Japan’s industry minister, Ken Saito, recently visited the construction site of Rapidus, a company focused on mass-producing next-generation semiconductors, in Chitose, Hokkaido. Saito expressed the government’s willingness to provide additional aid to support Rapidus in their semiconductor production efforts.
During the visit, Saito acknowledged the progress of the construction work and stated that the government is open to offering extra assistance based on the project’s development. He also mentioned plans to collaborate with local communities to address infrastructure needs associated with the new plant.
Rapidus aims to produce semiconductor chips with a circuit line width of 2 nanometers, crucial for advanced technologies like artificial intelligence. The company’s factory is located in the Chitose Bibi World industrial park, with plans to start prototype production in 2025 and initiate mass production by 2027.
The Japanese government has committed to providing up to ¥920 billion in aid to Rapidus, which was founded in 2022 by prominent Japanese companies. The collaborative effort aims to establish a cutting-edge semiconductor production facility to drive technological innovation.