Rapidus
Japan to Invest 200 Billion Yen in Rapidus for Chip Commercialization Push
November 21, 2024 – According to a report by Nikkei, the Japanese government intends to invest 200 billion yen in semiconductor startup Rapidus over the next year, starting from April 2025. This investment aims to support the company’s ambition to commence commercial production by 2027. Rapidus, a joint venture founded in 2022 by eight prominent…
Japan Unveils Massive 10 Trillion Yen Boost for Chip Industry
November 12, 2024 – The Japanese government is set to unveil a massive 10 trillion yen initiative to bolster its chip industry over a span of “several years” through subsidies and other financial aid, according to a draft seen by Reuters. This ambitious plan, which offers financial support of 10 trillion yen or more, is…
Japan Government Eyes Equity Stake in Rapidus via In-Kind Contributions
October 15, 2024 – According to a report by Kyodo News on the 10th of this month, the Japanese government is planning to directly acquire shares in the advanced chip manufacturer Rapidus through in-kind contributions. This move aims to strengthen its participation and supervision of the company’s operations while clarifying its support for Rapidus, thereby…