Editorial

14:00 JST, December 2, 2024

In a world where digitalization is progressing, the mass production of next-generation semiconductors is an important challenge for the growth of the Japanese economy. While managing the risks of the project, the government needs to proceed with its support by drawing in the private sector.

In its comprehensive economic stimulus package that was compiled last month, the government announced measures to strengthen the industries related to the semiconductor and artificial intelligence (AI) fields. It plans to allocate around ¥6 trillion particularly in subsidies for next-generation semiconductor research and development, and more than ¥4 trillion in investment toward mass production, among other related projects, by fiscal 2030.

A good portion of the investment will be in medium- to long-term support measures for Rapidus Corp., which aims to domestically produce........

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