HOME > NATION > Article

Text Size

small

medium

large


Japan Govt Mulls Investment in Rapidus

Japan Govt Mulls Investment in Rapidus

   Tokyo, Aug. 31 (Jiji Press)--The Japanese government is mulling investing in chipmaker Rapidus Corp., which aims to start mass-producing a next-generation semiconductor in 2027, it was learned Saturday.
   The government apparently hopes that the move will help spur private-sector investments in and loans to Rapidus by increasing the company's credibility.
   Rapidus is building a plant in the city of Chitose in the northernmost prefecture of Hokkaido and promoting fund procurement in the run-up to the planned start of mass production.
   The government is making efforts to encourage the domestic private sector to provide funding to the semiconductor industry to beef up the country's industrial competitiveness and economic security.
   It is preparing to submit a bill allowing government investment to an extraordinary parliamentary session this autumn at the earliest, with support for Rapidus in mind.

To read a full story, please click here to find out how to subscribe.

NATION

HEADLINES

POLITICS
Japan, China, S. Korea Culture Ministers Agree to Promote Exchanges among Youth
ECONOMY
Niigata Starts Shipments of 2024 Koshihikari Rice amid Shortage in Stores
SPORTS
Sumo: Sekiwake Onosato Remains Undefeated on 5th Day of Autumn Grand Tournament
OTHER
China Stops Foreign Adoptions of Its Children in Late August after 3 Decades

AFP-JIJI PRESS NEWS JOURNAL


Photos