Japan Commits $5.4 Billion to Propel Chip Startup Rapidus Amid Global Semiconductor Demand
3 months ago
In a strategic move to strengthen its position in the semiconductor industry, the Japanese government has announced a significant financial commitment of $5.4 billion to support Rapidus, a local chip startup. This investment comes at a crucial time when the global demand for semiconductors is surging, fueled by advancements in technology and the growing reliance on digital devices.
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South Korea's Chip Stockpiles Shrink at Fastest Pace Since 2009
10 months ago
This industry in South Korea has seen its chip stockpiles reduced very fast, something which was never seen since the economic slowdown in 2009. According to the latest statistics, the inventories of the country have seen a forceful contraction that has sent ripples across the globe in the fields of electronics and technology.
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