TOKYO -- The Japanese government plans to take a 200 billion yen ($1.29 billion) stake in chipmaker Rapidus in fiscal 2025, Nikkei has learned, seeking to spur private-sector investment and financing in the national push to produce cutting-edge chips.
Semiconductors
Japan proposes $1.3bn investment in Rapidus
Government to support chipmaker in push for mass production in 2027
Plans for the Japanese government to take a 200 billion yen stake in chipmaker Rapidus come on top of 920 billion yen in subsidies the government previously agreed to provide the company. © Reuters
Read Next
Latest on Semiconductors
