Given the new assistance, the total volume of government investments in the project can reach 1.72 trillion yen. The Japan Ministry of Economy plans to bring government guarantees for loans to attract private investors.
Currently, most of the advanced chips required for artificial intelligence are produced by Taiwan company TSMC. This causes concern because of possible risks associated with China’s claims to Taiwan. In Japan, they are sure that the development of their semiconductor industry will help reduce dependence on foreign suppliers.
Rapidus plans to start a test line in April and start processing the first silicone plate group until summer. Chip production is expected in 2027. The project is supported by giants such as Toyota, Sony and Softbank.
Japan has invested about 5.4 trillion yen in the restoration of its position in the production of chips. Authorities also prepare a bill for additional support measures, including the release of government bonds and subsidies to improve artificial intelligence and semiconductor industry.
Source: Ferra
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