Rapidus Corporation has recently made headlines due to a magnitude-7.2 earthquake that struck the region, causing damage to roads and railways. As a result, chip and display facilities were evacuated for safety reasons. This event has raised concerns about the impact on Rapidus Corporation's operations and the semiconductor industry as a whole.
Rapidus Corporation is a semiconductor manufacturer based in Chiyoda, Tokyo, Japan. Established in August 2022, the company was founded with the support of eight major Japanese companies, including Denso, Kioxia, MUFG Bank, NEC, NTT, SoftBank, Sony, and Toyota. Specializing in the production of semiconductor chips and display technologies, Rapidus Corporation plays a significant role in Japan's tech industry. The recent earthquake underscores the challenges faced by the company and highlights the importance of disaster preparedness in the semiconductor sector.