Rapidus to Begin Construction of Advanced Semiconductor Plant in Chitose City

Tokyo, Japan, April 25, 2023 – Rapidus Corporation (Head Office: 4-1 Kojimachi, Chiyoda-ku, Tokyo; President and CEO: Atsuyoshi Koike), a company involved in the research, development, design, manufacture, and sales of advanced logic semiconductors, announced that it will start preparing for the construction of a plant for the development and manufacturing of state-of-the-art semiconductors in Chitose City in Hokkaido.

With approval from the Ministry of Economy, Trade, and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) of the R&D project*1 plan and budget for FY2023, Rapidus will begin working in collaboration with local governments and related businesses.

Rapidus has also started dispatching its researchers to the Albany Nanotech complex in New York, one of the world’s most advanced semiconductor research facilities, and has begun research and development in collaboration with IBM. Through these measures, it will develop 2-nanometer (nm) node technology, build a short TAT pilot line in Japan, and conduct verification tests using test chips.

Through international collaboration with IBM, imec, and other entities, Rapidus will promote the development of advanced logic semiconductor technology and construct its state-of-the-art plant in Chitose City, and once the research period is concluded, it will aim to commercialize the results as an advanced logic foundry.

*1 This project was commissioned by NEDO as part of the “Post 5G Information and Communication Systems Infrastructure Enhancement R&D Project / Development of Advanced Semiconductor Manufacturing Technology / R&D of 2nm-generation semiconductor integration technology and short TAT manufacturing technology based on Japan-US collaboration”

About Rapidus Corporation
Headquarters: 4-1 Kojimachi, Chiyoda-ku, Tokyo, Japan
Establishment: August 10th, 2022
Executives: Tetsuro Higashi, Chairman of the Board of Directors
Atsuyoshi Koike, President and CEO
Business: Research, development, design, manufacture, and sales of semiconductor devices, integrated circuits and other electronic components
Capital, etc: 7,346 million yen (as of November 2022)
(includes the amount of capital reserve)

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Takano Okumoto, Kreab

Akane Takahashi, Kreab