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Japan Allocates $300 Million to Fire Up Domestic Chip Research

(Bloomberg) Japan will spend as much as ¥45 billion ($300 million) to back a research group developing advanced chip technology, part of a national push to catch up in semiconductor manufacturing.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaBiden’s Attempt to Address Memory Issue Backfires With New GaffeUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Considering a Laundry Pods CrackdownEinhorn Says Markets ‘Fundamentally Broken’ B

japan chip research backing: Japan offers $300 million backing for chip research organisation

Japan offers $300 million backing for chip research organisation

Japan offers $300 million backing for chip research organisation
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Japan offers US$300 million backing for chip research organisation

TOKYO: Japan's trade ministry said on Friday (Feb 9) it would offer backing worth up to ¥45 billion (US$301 million) to an organisation, including chip foundry venture Rapidus, for research into cutting-edge semiconductor technology. The Leading-edge Semiconductor Technology Center (LSTC) is chaired by Ra

Japan offers $300mn backing for chip research organisation

Japan offers $300mn backing for chip research organisation
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