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Japan: Rapidus Corporation secures over JPY 590 billion in state aid

Description

On 2 April 2024, the government of Japan announced an award of JPY 590 billion (approximately USD 3.89 billion) in state aid to Rapidus Corporation, a local semiconductor company. The support was disc...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Apr 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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