In Japan, Rapidus, a semiconductor company, announced its pricing strategy for its upcoming 2-nanometer chips during an event at the Japan Productivity Center in Karuizawa, Nagano Prefecture. The company's president, Atsuyoshi Koike, stated that the pricing would be set at a level comparable to that of Taiwan Semiconductor Manufacturing Company (TSMC), which is the leading player in the chip manufacturing industry. TSMC's chips are expected to be priced between £3 million and £3.5 million per silicon wafer. Koike emphasized that Rapidus would not set its prices independently but would use TSMC's pricing as a benchmark, acknowledging TSMC's dominant position in the market. He expressed the need for Rapidus to remain competitive in both production speed and costs, indicating a strategic approach to pricing in a highly competitive industry. Furthermore, Koike mentioned that after achieving mass production of 2-nanometer semiconductors, the company would focus on developing even smaller chips, specifically targeting 1.4-nanometer and 1-nanometer technologies. This forward-looking strategy highlights Rapidus's commitment to innovation and its intention to incorporate advanced technologies, such as optical and quantum technologies, into its future semiconductor products. The announcement reflects the ongoing race in the semiconductor industry to produce smaller, more efficient chips, which are critical for various applications in technology and electronics.