Limit foreign funding in Japan's Rapidus, former chip czar says

Ex-LDP lawmaker Akira Amari says Tokyo should block hostile takeovers of $33bn project

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Akira Amari, a former lawmaker with the Liberal Democratic Party, speaks to Nikkei Asia in Tokyo on March 24. (Photo by Ken Kobayashi)

RYOHTAROH SATOH

TOKYO -- Activist foreign investment in the government-led chip project Rapidus should be blocked, according to Japan's former chip policy czar, as the project struggles to secure significant funding from domestic companies.

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