{"id":866,"date":"2023-02-28T11:00:56","date_gmt":"2023-02-28T02:00:56","guid":{"rendered":"https:\/\/www.rapidus.inc\/wp\/?post_type=news_topics&p=866"},"modified":"2024-04-04T12:14:32","modified_gmt":"2024-04-04T03:14:32","slug":"rapidus-selects-chitose-city-in-hokkaido-for-its-new-state-of-the-art-semiconductor-plant","status":"publish","type":"news_topics","link":"https:\/\/www.rapidus.inc\/en\/news_topics\/information\/rapidus-selects-chitose-city-in-hokkaido-for-its-new-state-of-the-art-semiconductor-plant\/","title":{"rendered":"Rapidus Selects Chitose City in Hokkaido for its New State-of-the-Art Semiconductor Plant"},"content":{"rendered":"\n

Tokyo, Japan, Feb. 28, 2023–Rapidus Corporation (Head Office: 4-1 Kojimachi, Chiyoda-ku, Tokyo; President and CEO: Atsuyoshi Koike), has selected Chitose City in Hokkaido as the site for the company\u2019s new state-of-the-art semiconductor plant. Preparations will begin in detail once the Japanese government approves the plan and budget.<\/p>\n\n\n\n

This past December, Rapidus announced a joint development partnership with IBM. Based on this agreement, the two companies will jointly pursue further development of IBM’s breakthrough 2-nanometer (nm) node technology, which will be implemented at the new manufacturing site.<\/p>\n\n\n\n

The company plans to launch a prototype line in 2025. And a mass production line is expected to launch in the latter half of the 2020s.<\/p>\n\n\n\n

In explaining the reasons for selecting the plant site, Atsuyoshi Koike, Rapidus President and CEO said: “Chitose City in Hokkaido is ideal for semiconductor production not only in terms of water, electricity, and other infrastructure, it is also in harmony with the natural surroundings and will provide employees and their families with an environment where they can lead fulfilling lives. We have chosen this site based on its mid- to long-term potential for global human resource exchange and ecosystem development. We hope to begin concrete discussions with Chitose City once the plan and budget are approved by the Japanese government.\u201d<\/p>\n\n\n\n

\nAbout Rapidus Corporation
\nHeadquarters: 4-1 Kojimachi, Chiyoda-ku, Tokyo, Japan
\nEstablishment: August 10th, 2022
\n
Executives: <\/span>\nTetsuro Higashi, Chairman of the Board of Directors
\nAtsuyoshi Koike, President and CEO<\/span>\n<\/div>\n
Business: <\/span>\nResearch, development, design, manufacture, and sales of semiconductor devices, integrated circuits and other electronic components<\/span>\n<\/div>\n\n
Capital, etc: <\/span>\n7,346 million yen (as of November 2022)
\n(includes the amount of capital reserve)<\/span>\n<\/div>\n\n<\/div>\n\n\n\n

#     #     #<\/p>\n\n\n\n


<\/p>\n\n\n\n

Media contacts:<\/u><\/strong><\/p>\n\n\n\n

Kunihiko Yasue, Kreab
email: kyasue@kreab.com<\/a><\/p>\n\n\n\n

Takano Okumoto, Kreab
email: tokumoto@kreab.com<\/a><\/p>\n\n\n\n

Akane Takahashi, Kreab
email: atakahashi@kreab.com<\/a><\/p>\n","protected":false},"featured_media":0,"parent":0,"menu_order":0,"template":"","news_cat":[9],"class_list":["post-866","news_topics","type-news_topics","status-publish","hentry","news_cat-information","en-US"],"acf":[],"yoast_head":"\nRapidus Corporation<\/title>\n\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:type\" content=\"website\" \/>\n<meta property=\"og:site_name\" content=\"Rapidus Corporation\" \/>\n<meta property=\"og:title\" content=\"Rapidus Corporation\" \/>\n<meta property=\"og:description\" content=\"Tokyo, Japan, Feb. 28, 2023\u2013Rapidus Corporation (Head Office: 4-1 Kojimachi, Chiyoda-ku, Tokyo; President and CEO: Atsuyoshi Koike), has selected Chitose City in Hokkaido as the site for the company\u2019s new state-of-the-art semiconductor plant. Preparations will begin in detail once the Japanese government approves the plan and budget. 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