Rapidus secures $3.9 billion in government funding for 2nm and multi-chiplet technologies

Rapidus, a Japanese company focused on developing 2nm process technology, has received a substantial grant of ¥590 billion yen ($3.89 billion) from the government to support its ongoing projects. This funding will go towards developing the 2nm production node, purchasing cleanroom equipment, and multi-chiplet packaging technology.

With the government’s total support now at ¥920 billion ($6.068 billion), Rapidus is receiving a major boost towards achieving its goals in the semiconductor industry. Despite the hefty project cost estimate of around ¥5 trillion ($32.983 billion), the company is hopeful that with the backing of the Japanese government and support from prominent Japanese companies like Toyota Motor and Nippon Telegraph and Telephone, it will secure enough financing to move forward.

Rapidus’s CEO, Atsuyoshi Koike, has outlined the company’s timeline, with plans to initiate testing of its production by April 2025 and hopes for large-scale production to begin by 2027. Commercial production of 2nm chips is expected to kick off in 2025.

Aside from working on the 2nm fabrication process in partnership with IBM and constructing its manufacturing facility, Rapidus is also focusing on advanced packaging technology for multi-chiplet System-in-Packages (SiPs). The recent government subsidies include more than ¥50 billion ($329.85 million) specifically allocated for research and development in this area, marking the first time Japan has offered subsidies for such technologies. Additionally, Rapidus is using a portion of Seiko Epson Corporation’s Chitose Plant for its back-end packaging processes, which is located in close proximity to its fab currently under construction in Bibi World.

By Sophia Gonzalez

As a content writer at newsgreg.com, I am dedicated to crafting engaging stories that captivate our readers. With a knack for turning complex topics into accessible and compelling narratives, I weave words together to inform and inspire. My passion lies in delivering accurate and thought-provoking content that keeps our audience informed and entertained. From breaking news stories to in-depth features, I strive to bring a fresh perspective to every piece I create. Join me on this journey of exploration and discovery through the power of words at newsgreg.com.

Leave a Reply