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Sony, partners boost Rapidus investments

Sony, partners boost Rapidus investments

Sony Group and other shareholders are set to invest in Rapidus for the domestic production of next-generation semiconductors, aiming to start mass production by 2027. With plans to raise ¥100 billion from the private sector, Rapidus sought additional investments from existing shareholders like Sony Group, NEC, NTT, Kioxia, and others. The combined investments from these companies amount to ¥7.3 billion, with expectations of more investments from some.

In the financial sector, Sumitomo Mitsui Banking, Mizuho Bank, and the Development Bank of Japan are also considering becoming shareholders, with potential investments totaling up to ¥25 billion. These investments are anticipated to be made by 2025.

Rapidus will further reach out to nonfinancial companies for investments. A total of ¥5 trillion is required for mass production, prompting the government to prepare legislation for financial support. With plans underway for a major advancement in semiconductor production, the future of Rapidus looks promising with the support of existing and potential shareholders.



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