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Japan to become majority stakeholder in Rapidus with JPY100 billion investment

Chiang, Jen-Chieh, Taipei; Sherri Wang, DIGITIMES Asia 0

Rapidus’ fabrication plant in Chitose, Hokkaido. Credit: AFP

Japan's Ministry of Economy, Trade and Industry plans to invest JPY100 billion (US$671 million) in Rapidus in fiscal 2025, securing a controlling stake as the government accelerates its push to rebuild domestic advanced chip manufacturing. The funding...

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