New Japanese chip production company Rapidus Corp. is facing daunting challenges as it tries to catch up with Asian rivals in the technology development and investment race, leaving a shaky outlook for the country as it attempts to revive its once-thriving industry.Created by Toyota Motor Corp., Sony Group Corp. and six other major Japanese companies with a total investment of 7.3 billion yen ($52 million), the next-generation semiconductor venture plans to mass-produce chips with state-of-the-art 2-nanometer technology in Japan in 2027. Such advanced chips can be used for 5G communications…READ FULL ARTICLE
