TOKYO (AP) — A newly founded Japanese semiconductor company aiming to revive Japan’s chip industry signed an agreement on Tuesday to collaborate with a Belgian research organization in developing next-generation chips for production in Japan.
Imec, or Interuniversity Microelectronics Center, is known for its expertise and technology needed to make advanced chips that require miniaturization and extremely thin circuitry. The collaboration is aimed at helping Rapidus develop and mass produce 2-nanometer chips by 2027. The tie-up is the first known deal for Rapidus.
Japan’s government is spending 70 billion yen on measures to promote domestic manufacturing of chips, while working closely with its ally the United States.Once a global leader in semiconductor development and production, Japan was slow to collaborate with foreign companies in developing more advanced technologies and fell behind global competitors including the U.S., Taiwan, South Korea and some European countries.
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