Looking back on a successful innovation mission on next generation semiconductors
Looking back on a successful deep tech innovation mission focused on next-generation semiconductors, organized by the Netherlands Enterprise Agency (RVO), the Innovation Attaché Network, and the Dutch Embassy in Tokyo, it is evident that Japan remains a significant player in the global semiconductor market, both in terms of business and research. Japan has increasingly focused on the application side of semiconductors and formulated a proactive policy since July 2021 to promote international collaboration in this field. The Netherlands, along with Japan, is one of the few countries active throughout the entire semiconductor value chain, making collaboration between the two nations particularly attractive.
Semiconductor innovation strategy
At the center of Japan’s semiconductor innovation strategy are two newly established firms: Rapidus and LSTC. Rapidus, a semiconductor company formed by eight leading Japanese firms, aims to mass-produce next-generation semiconductors domestically by around 2027. Companies such as Sony, NEC, NTT, Toyota, Kioxia, Softbank, Dentso, and MUFG Bank have invested in Rapidus. LSTC serves as the overall umbrella organization to coordinate ongoing semiconductor research, while Rapidus focuses on manufacturing and delivering mass production. LSTC was established after the US and Japan agreed on the Basic Principles on Semiconductor Cooperation in May during the first meeting of the Japan-US Commercial and Industrial Partnership (JUCIP).
The purpose of the innovation mission was to explore and identify potential partners for joint research, development, and commercialization of innovations in the semiconductor space. Additionally, the aim was to strengthen the existing relationship between the two governments and develop bilateral agreements and programs.
Chip cooperation agreement
A notable highlight of the innovation mission was the signing of a Memorandum of Cooperation on semiconductor policies, symbolizing the commitment of both governments to advance semiconductor research, development, and manufacturing. This agreement facilitates knowledge sharing, joint projects, and collaborative efforts in the semiconductor domain. Such a partnership has the potential to drive significant advancements in chip technology, positioning both countries at the forefront of the semiconductor industry. The personal involvement of Economy, Trade and Industry Minister Yasutoshi Nishimura underscores the importance that Japan places on this cooperation.
In conclusion, the Dutch innovation mission deep tech on semiconductors to Japan, along with the signing of the chip agreement, represents a new era of cooperation and innovation in the semiconductor industry. This strategic alliance between nations and companies promises to have a positive impact not only on their economies but also on the global semiconductor landscape. As Applied Nanolayers, we are optimistic that this initiative will drive technological advancements, enhance competitiveness, and pave the way for a more connected and prosperous future.
We look back on a successful innovation mission in which we were able to present our graphene technology to a highly interested group of Japanese companies and institutions. We also spent valuable time at the matchmaking event, introducing our company, technology, and vision to interested companies, resulting in numerous interesting discussions and new connections. We are eagerly looking forward to following up on all those newly formed connections and further extending our relationships with the Japanese semiconductor industry. It was a mission and trip well spent.