Global Trade Alert
Global Trade Alert

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

Announcement

02 Apr 2024

In 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.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

02 Apr 2024

Revocation date:

No revocation date

State aid, unspecified In force

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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