Global Trade Alert
Global Trade Alert

Japan: Government announces further subsidies for Rapidus

Announcement

25 Apr 2023

In April 2023, the Japanese Minister of Economy, Trade and Industry announces the government's decision to further subsidize the chipmaker company, Rapidus.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

25 Apr 2023

Revocation date:

No revocation date

State aid, unspecified In force

On 25 April 2023, the Minister of Economy, Trade and Industry announced its approval of the FY2023 budget plan of Rapidus Corp. and its decision to support the company with JPY 260 billion (USD 1.94 b...

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