Japan to pour additional $5.4 bn into chipmaker Rapidus
Monday, 31 March 2025 ()
Tokyo (AFP) Mar 31, 2025
Japan said Monday it had decided to inject more than $5 billion extra into semiconductor venture Rapidus, which is aiming to mass-produce next-generation chips in the country from 2027. The industry ministry said it would provide 802.5 billion yen ($5.4 billion) for the company, a joint venture involving Sony, Toyota, IBM and others. It brings total government assistance to Rapidus - wh
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