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The government and private companies have executed a total investment of 267.6 billion yen in Rapidus Corporation, which is challenging the world's cutting-edge semiconductor manufacturing, as of yesterday.
The breakdown of the investment includes 100 billion yen from the government through the Information-Technology Promotion Agency (IPA) and a total of 167.6 billion yen from 32 private companies. The private investment significantly exceeds the 130 billion yen that was anticipated as of last November, indicating high expectations from the private sector for Rapidus.
The government holds golden shares (shares with veto rights) to prevent concerns regarding economic security.
On the other hand, to allow Rapidus to make swift management decisions as a private company, the government has decided to limit its voting rights.
The next-generation semiconductors that Rapidus is working on are essential for cutting-edge technologies such as generative AI and AI robotics, and they are not only crucial for the future of our country's economy but also important materials for economic security.
Additionally, in Hokkaido, where Rapidus is located, related investments are being triggered, and various economic effects are beginning to emerge, making it expected as an industrial cluster in the "Regional Future Strategy."
Therefore, the Rapidus project is a key part of the growth investment promoted by the Takai Cabinet, and the government is providing proactive support.
As a national project that must succeed for the national interest, we will collaborate between the public and private sectors and challenge it with all our might.
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