Rapidus Opens Office in Northern Japan’s Hokkaido
12:53 JST, January 23, 2024
CHITOSE, Hokkaido, Jan. 22 (Jiji Press) — Rapidus Corp. opened an office on Monday in Chitose, Hokkaido, northern Japan, where the Japanese chipmaker is currently building a factory.
The new office is tasked with coordinating with local communities and hiring workers, in preparation for the launch of operations of a pilot production line at the plant in 2025.
The office is some 6.5 kilometers from the plant. The number of staff at the office will increase to around 15 by the end of this year and around 30 next year.
Construction work for the plant started last September. Rapidus aims to develop state-of-the-art chips with a circuit line width of 2 nanometers and mass-produce them, starting in 2027.
At a press conference after the office’s opening ceremony, Rapidus President and CEO Atsuyoshi Koike said that the global market for 2-nanometer chips is expected to reach some ¥10 trillion in 2030. “We’d like to secure around 10 %,” Koike said.
"Business" POPULAR ARTICLE
-
Japan Business Circle Calls for China Resuming Visa-Free Travel; Keizai Doyukai Visit to Country Marks 1st in 8 Years
-
Major Start-Up Support Center Station Ai Opens in Nagoya; ¥15.3 Bil. Facility Built to Bring Together Emerging Companies
-
Japan’s Major Carmakers to Review Production Bases After Trump Win; Mexico Manufactured Vehicles Could be Hit by Tariffs
-
Japan’s Sumitomo Mitsui Offers New Hires Sure Path to U.S., U.K. Branches, with 40% of Bank Revenue Already Coming from Abroad
-
Japan’s Economy Expands Annualised 0.9% in Q3 on Tepid Capex
JN ACCESS RANKING
- Streaming Services Boost Anime Popularity Overseas; Former ‘Geeky’ Interest More Beloved Among Gen Z than 3 Major U.S. Sports
- Malaysia Growing in Popularity as Destination for Studying Abroad; British-style Education Available at Low Cost
- ‘Women Over 30 Would Have Uteruses Removed’; Remarks of CPJ Leader, Novelist Naoki Hyakuta Get Wide Attention
- Japan Business Circle Calls for China Resuming Visa-Free Travel; Keizai Doyukai Visit to Country Marks 1st in 8 Years
- Japanese Sneakers Making their Presence Known with Innovative Designs; Drawing on Retro Inspiration for New Styles