Rapidus partners with firms to secure chip customers
Japan backed Rapidus has partnered with seventeen companies to help design chips as it seeks customers for its planned 2 nanometre production. The project faces heavy competition from industry leaders like TSMC.
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Japan-backed chip venture Rapidus secured 17 partnerships on Monday to produce 2-nanometre chips, backed by $15 billion in state funding. The project aims to rebuild domestic semiconductor manufacturing capacity by the next fiscal year. Domestic market share has fallen from 50% in the 1980s to under 10%.
