Tokyo to Provide Hundreds of Billions of Yen to Support Rapidus Chip Company

The Japanese government will provide hundreds of billions of yen in support to Rapidus, a domestic semiconductor company, as part of Tokyo's broader strategy to strengthen its position in the global chip industry. The funding comes after Rapidus secured approximately 160 billion yen in private investment in February from various companies. Japan has been working to rebuild its semiconductor manufacturing capabilities and reduce dependence on foreign chip suppliers, particularly amid growing competition with China and supply chain concerns. The substantial government backing reflects Japan's recognition of semiconductors as critical infrastructure for national security and economic competitiveness.