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Government and 32 Private Firms Invest Over ¥260 Billion in Rapidus

Japan's Ministry of Economy, Trade and Industry announced that the government and 32 private companies have collectively invested over 260 billion yen into Rapidus, a company focused on mass-producing advanced semiconductors. The investment aims to support Rapidus's technology development and customer acquisition efforts.

27 Feb, 05:34 — 27 Feb, 05:34
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Sources

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japan-timesMostly Factual109d ago

Japan's Rapidus receives another ¥267.6 billion in funding

The government now controls 11.5% of the chipmaker, and that figure reaches up to 40% if nonvoting shares converted.

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Coverage Timeline

First report: NHK World · 27 Feb, 02:39Full coverage: 2 · 3hWindow: 3h
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NHK World27 Feb, 02:39First to report

ラピダスへの出資 政府と民間企業など32社で計2600億円余り

3h later
japan-times27 Feb, 05:34Latest update

Japan's Rapidus receives another ¥267.6 billion in funding

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