New solution to the chip crisis from Japan: 8 companies merged

New solution to the chip crisis from Japan: 8 companies merged

Due to the global chip supply problems that broke out in the automotive industry at the beginning of last year, many brands decide to stop production from time to time. The continuation of the chip crisis even today puts brands in a difficult situation.

Japan is seeking a solution to the global chip supply problem posing a threat to its national economic security.

8 giant companies merged

According to the news of AA, the government brought together 8 Japanese manufacturers from different sectors in a semiconductor chip consortium.

The consortium, which also includes Toyota Motor and Sony, will establish a new company called “Rapidus”. With the new company led by the consortium, it is aimed to start advanced chip manufacturing within 5 years.

Advanced chips will be used in fields such as self-driving cars, quantum computing and artificial intelligence.

New solution to the chip crisis from Japan: 8 companies merged #1

The government will support

Minister of Economy, Trade and Industry (METI) Nişimura Yasutoşi announced that they will support the new consortium in the field of R&D.

Nisimura, “With the joint efforts of academia and industry, we want to improve Japan’s semiconductor competitiveness.” said.

The Japanese government will contribute 480 million dollars to the R&D center of the company “Rapidus”, which will be established by the end of the year, within the scope of supporting the study.

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