Japan's Kishida visits Rapidus chip plant site, pledges swift funding

Government plans loan guarantees to draw financing from banks

20240724N Rapidus

Rapidus is building its advanced chip plant at this site in Chitose, Japan. (Photo by Hajime Tsukada)

MAYUMI HIROSAWA, Nikkei staff writer

TOKYO -- Japanese Prime Minister Fumio Kishida on Wednesday visited a site in Hokkaido where chipmaker Rapidus is building an advanced semiconductor plant, which is seen as a crucial part of bolstering the country's supply chains and economic security.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.