TSMC's entry and the establishment of Rapidus
TSMC's entry and the establishment of Rapidus
The global semiconductor market reached 640.6 billion USD in 2022 and is expected to nearly double to 1.1328 trillion USD by 2030, making it a very large market that will continue to grow in the future. However, Japan's share of the global semiconductor market, which was 50.3% in 1988, has significantly declined to 6.2% in 2022. To address this challenge, the Japanese government has actively supported initiatives such as attracting TSMC and establishing Rapidus, taking steps towards the revival of Japan's semiconductor industry. Support for the semiconductor industry is expected to continue to increase in the future.
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