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FOCUS: New Japanese chipmaker Rapidus joins development, investment race

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Kyodo News

New Japanese chip production company Rapidus Corp. is facing daunting challenges as it tries to catch up with Asian rivals in the technology development and investment race, leaving a shaky outlook for the country as it attempts to revive its once-thriving industry. Created by Toyota Motor Corp., Sony Group Corp. and six other major Japanese companies with a total investment of 7.3 billion yen ($52 million), the next-generation semiconductor venture plans to mass-produce chips with state-of-the-art 2-nanometer technology in Japan in 2027. Such advanced chips can be used for 5G communications, …

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