I'm pretty unclear as to the specifics. Rapidus is wafer processing and packaging; I get that. Is LSTC trying to create a fab directly, a fabless entity more

I'm pretty unclear as to the specifics. Rapidus is wafer processing and packaging; I get that. Is LSTC trying to create a fab directly, a fabless entity more or less directly developing chips, or just trying to be more like China's Big Fund, ie. a central point for disbursement of .gov money targeting domestic semiconductor R&D for other entities to consume as long as they march to the common drum?