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Latest / Chips, compute and energy

ProgrammeComputeGovernmentJapanConfirmed

Japan approves up to ¥590bn more for chipmaker Rapidus, including back-end work

See how this story connects

Source: Ministry of Economy, Trade and Industry (Japan)

Japan’s trade minister said on 2 April 2024 that METI would give Rapidus up to ¥590 billion more after an expert review. Up to ¥536.5 billion goes to its existing front-end chipmaking project and up to ¥53.5 billion to a new project on advanced back-end processes.

Why it matters

Japan is paying directly for a domestic leading-edge foundry, which would give AI chip designers a supplier outside Taiwan and Korea if Rapidus reaches volume.

When
2 Apr 2024
ID
WTA-N-2024-0089
Where
Japan
Who
METI, Rapidus

Summary by wheresthe.ai, from Ministry of Economy, Trade and Industry (Japan). Checked against the source on 9 Oct 2026.

Read the original at Ministry of Economy, Trade and Industry (Japan)

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: Led toRapidus starts its 2nm pilot line in Hokkaido after ¥802.5bn more in state aid

Data to measure this

Compare the years before 2024 with the years since in these series.

  • OECD.AI: venture capital investments in AI start-upsOECD.AI (data from Preqin)Venture capital invested in AI start-ups by country and industry, with series for generative AI and AI compute start-ups.live · query tool
  • BACI product-level trade databaseCEPIIHarmonised annual bilateral trade for about 5,000 HS6 products among about 200 countries, including chips.Years: 1995-present · annual · download · CSV · Covers before and after
  • Crunchbase company and funding dataCrunchbase · paidPrivate company profiles, funding rounds and acquisitions.live · api · API
  • Dealroom AI sector dataDealroom.co · paidAI start-ups, unicorns and venture funding by country, city, stage and sub-sector.live · query tool
  • UN ComtradeUnited Nations Statistics Division · paidBilateral goods trade by reporter, partner and product code, for example HS 8542 integrated circuits.monthly · api · CSV, JSON, API

All data for Japan

Cite this story

WTA-N-2024-0089: “Japan approves up to ¥590bn more for chipmaker Rapidus, including back-end work.” wheresthe.ai, 2 Apr 2024. https://wheresthe.ai/d/jp-meti-rapidus-590bn-yen-support-2024-04/ (source: Ministry of Economy, Trade and Industry (Japan)).

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