Rapidus on Building Japan's Own TSMC

The transcript discusses a company's strategy to differentiate itself from competitors like TSMC and Samsung by focusing on innovative chip technologies with ultra-low power and high-speed capabilities. The company aims to grow its workforce beyond its current 200 employees by attracting global talent, particularly in Hokkaido. The Japanese government has pledged support, contingent on the company's annual progress. The company values a diverse workforce and plans to expand while maintaining a close relationship with its customers.

What is the company's strategy to stand out from competitors like TSMC and Samsung?

• Competing in the same market with higher volumes

• Expanding into unrelated industries

• Focusing on innovative chip characteristics

• Lowering production costs significantly

How does the company plan to grow its workforce?

• By outsourcing all operations

• By attracting global talent from various regions

• By focusing on automation and reducing human resources

• By hiring only local Japanese employees

Which regions are mentioned as potential sources for new employees?

• Australia and New Zealand

• Africa and South America

• Middle East and North Africa

• US, EU, and India

What is the company's expectation from the Japanese government?

• One-time financial support

• Continuous support based on annual progress

• No support is expected

• Support only for the first year

What is the key condition for the company to receive ongoing government support?

• Demonstrating key progress every year

• Reducing operational costs

• Increasing production volume

• Expanding into international markets