Industry
Japan to inject about 6 trillion won into Rapidus in bid to revive chip industry
Japan will provide Rapidus with an additional 631.5 billion yen in commissioned research and development funding for fiscal 2026, aimed at advancing the company’s plan to begin mass production in the second half of fiscal 2027. Economy, Trade and Industry Minister Ryosei Akazawa unveiled the plan at Rapidus’ plant in Chitose, Hokkaido. The new funds will be used for prototype performance evaluation and yield improvements. Cumulative government support will rise to 2.35 trillion yen, with separate capital injections also planned.