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Japan Allocates $3.96 Billion to Boost Semiconductor R&D

4/11/2026

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Story summary
  • On April 11, Japan's industry ministry approved an additional 631.5 billion yen ($3.96 billion) to boost Rapidus's R&D.
  • The funding aims to bolster domestic semiconductor production and strengthen supply chains.
  • Rapidus plans mass production of 2-nanometre logic semiconductors in fiscal year 2027.
  • New Energy and Industrial Technology Development Organization (NEDO) will back semiconductor design projects by Fujitsu and IBM Japan.