News from this site on September 4, according to Bloomberg, the startup Rapidus said it has hired more than 200 employees and strives to build a cutting-edge wafer fab by 2027 to challenge TSMC.
It is understood that Rapidus is a company that has only been established for one year. plans to install chip equipment and start trial production in December 2024, with the goal of mass production of 2nm within 4 years (2028 at the latest) chip. Rapidus chairman Tetsuro Higashi said the goal was "tough but doable" with support from overseas partners and domestic equipment manufacturers.
Rapidus held a groundbreaking ceremony for its upcoming factory, attended by about 130 people, including ASML Holding NV of the Netherlands and Lam Research of Fremont, California Corp and other chip equipment makers executives.
The government of Japanese Prime Minister Fumio Kishida has pledged billions of dollars in subsidies to strengthen domestic chip production. The Japanese government has allocated 330 billion yen to Rapidus (Note from this site: currently about 16.434 billion yuan). Japanese Economic Minister Yasumin Nishimura said: "The government is committed to giving Rapidus the greatest support."
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