Japan commits $300 million to semiconductor research, looking to boost the domestic production of the chips and reducing foreign dependency. This investment will support the Leading -edge Semiconductor Technology Centre (LSTC) for advancement in nanotechnology, material science, and AI for advance chips.
This move is to enhance Japan’s competitiveness in the global semiconductor industry and support Rapidus Corp’s project on 2nm chips.
This is a significant move to enhance Japan’s position in the global semiconductor industry, Tokyo has announced a large investment focused at advancing chip tech research. This grant is focused in areas critical to semiconductor production, including nano-tech, materials science and artificial intelligence.
The LSTC, was setup to consolidate Japan’s research efforts in chip technology, plays a crucial role in this national endeavor. The LSTC brings together specialists from prestigious institutions like University of Tokyo and Tohoku University. It will also foster collaboration with key global partners on next-gen semiconductor chip technology.
What is Rapidus Corp?
It is a state backed entity and a forefront of Japan’s push towards the advanced semiconductor manufacturing. The corporation has started an ambitious plan to produce 2nm chips in Chitose, Hokkaido, which will compete with industry giants like Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co. the partnership with LSTC will enhance Rapidus’s development efforts as it will provide access to innovative designs that will enable a wide range of AI application, from phones, smart TVs to advance electric vehicles.
Ken Saito, Economy Minister has pointed out the strategic importance of this project, stating that I will support growth of Rapidus and also enhance Japan’s long-term competitiveness in the global chip industry. By investing an industry that seems risky for private sector, Japan hopes to reap the fruits of its investments that will secure its place in the high-stakes race for chip supremacy.
“We outsource research and development that the government deems is necessary but is too risky for the private sector to carry out.” Says Hidemichi Shimizu, director of METI’s strategy office.
The contract with LSTC which will last up to 5 years, highlights Japan’s commitment to overcome the challenges that are faced during the manufacturing of semiconductors and will ensure that the nation’s sustainable development and growth is the focused element of this domain.
“LSTC will also serve as the center of joint development with overseas partners on next-generation semiconductor technology and will help generate demand for Rapidus while bolstering Japan’s sustainable competitiveness.” Said Ken Saito, Economy Minister.
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