Rapidus was jointly funded by several Japanese companies
Denso
Zhizhan Technology
Ningbo Zhenzhi
Toyota
AND
NAND
NAND Flash
NTT
Rapid
Sony
Kioxia
research
joint
Japan
Japanese
Mitsubishi
Mitsubishi UFJ
die
2022
Flash
ban
develop
EC
Kioxia
Mitsubishi
Toyota
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Rapidus was established in August 2022 and was jointly funded by eight Japanese companies including Toyota, Sony, NTT, NEC, Softbank, Denso, NAND Flash giant Kioxia, and Mitsubishi UFJ. Each company contributed 7.3 billion yen, and the Japanese government also provided subsidies to support its research and development.
