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Japan Adds ¥631.5 Billion to Rapidus, Backing 2nm Push to 2027

The payout follows a technical review of Rapidus's Hokkaido plant, signaling Tokyo's push for a homegrown 2nm supply chain.

The logo of Rapidus Corp. is displayed at the company headquarters in Tokyo, Japan February 2, 2023.  REUTERS/Issei Kato/File Photo

Overview

  • The new subsidy lifts total state support for Rapidus to ¥2.6 trillion through March 2027, the economy ministry said.
  • An external committee approved technical progress at the Hokkaido foundry, which cleared the release of funds.
  • The money supports work tied to Fujitsu and design projects with IBM Japan under NEDO, a government R&D program.
  • Rapidus still targets mass production of 2‑nanometer chips in 2027, though it trails TSMC, which began 2 nm volume output last year.
  • Tokyo casts the project as a way to cut reliance on overseas chipmakers for AI hardware, even as higher energy and materials costs strain the startup.