TOKYO Government-backed chipmaker Rapidus is confident Japan can catch up with the likes of TSMC and Intel in the race to produce ultra-advanced chips…
Government-backed Japanese chip foundry venture Rapidus is hunting high and low - including among industry veterans and overseas - to find engineers to help it revive a chip industry that was once the envy of the world. Underpinned by billions of dollars in subsidies, Rapidus aims to mass manufacture 2-nanometre logic chips, competing with industry leading companies such as Taiwan's TSMC, which has spent decades refining its processes. Securing engineers in a country with a declining population is among the most pressing issues for the company, which is partnering with IBM and research organisation Imec and in September broke ground at its fab on the northern island of Hokkaido.
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Tokyo Electron Ltd., a key semiconductor supply chain player, has raised its revenue and earnings forecasts for the year due to rising Chinese chipmaking equipment demand.