bsTOKYO (Reuters) – The Japanese government plans to invest 200 billion yen ($1.28 billion) in semiconductor startup Rapidus in the year starting April 2025 to help it meet its target of starting commercial production in 2027, the Nikkei business daily said on Wednesday. ($1 = 155.7900 yen) (Reporting by Kiyoshi Takenaka; Editing by Andrew heavens)
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Japan government plans to invest $1.3 billion in chipmaker Rapidus in FY2025, Nikkei says
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bsTOKYO (Reuters) – The Japanese government plans to invest 200 billion yen ($1.28 billion) in semiconductor startup Rapidus in the year starting April 2025 to help it meet its target of starting commercial production in 2027, the Nikkei business daily said on Wednesday.
($1 = 155.7900 yen)
(Reporting by Kiyoshi Takenaka; Editing by Andrew heavens)