Japanese Government to Invest Additional ¥150 Billion in Semiconductor Maker Rapidus
The Economy, Trade and Industry Ministry has decided to include an additional ¥150 billion investment in Rapidus Corp. — a company which aims to mass-produce next-generation semiconductors — in its budget request for fiscal 2027, The Yomiuri Shimbun has learned.
The Japanese government has announced plans to allocate an additional ¥150 billion towards the semiconductor manufacturer Rapidus Corp. for the fiscal year 2027. This investment, facilitated by the Innovation Platform Agency, will be the third such contribution from the government, following earlier allocations totaling ¥250 billion through fiscal 2026. By the end of fiscal 2026, the cumulative government investment in Rapidus will reach ¥400 billion.
In addition to financial support, the government intends to provide Rapidus with approximately ¥2.6 trillion in research and development subsidies through fiscal 2027, bringing the total government backing for the company to around ¥3 trillion. The government also plans to engage in in-kind investments, involving facilities funded by the government and other assets exchanged for Rapidus' shares in fiscal 2027 and 2028.
Rapidus aims to mass-produce next-generation 2-nanometer chips at its facility in Chitose, Hokkaido. Financial institutions, including Mitsubishi UFJ Bank and two other prominent banks, are contemplating lending up to ¥2 trillion to the company, commencing from fiscal 2027 or later.
Written by urgent.news from The Japan News by The Yomiuri Shimbun's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
