Japan throws weight behind Rapidus as it plans to raise funds

Government offers semiconductor maker equipment, factories for its shares

20241010 Rapidus

A Rapidus factory under construction in Chitose City, Hokkaido, Japan. © Kyodo

Nikkei staff writers

TOKYO -- The Japanese government is planning to exchange Rapidus factories and equipment it owns for shares in the semiconductor manufacturer, Nikkei learned on Thursday.

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