Japanese chipmaker Rapidus considers listing to meet capex needs

Japanese chipmaker Rapidus considers listing to meet capex needs

FILE PHOTO: The logo of Rapidus Corp. is displayed at the company headquarters in Tokyo, Japan February 2, 2023. REUTERS/Issei Kato

Japanese microchip maker Rapidus estimates that it needs about 2 trillion yen ($14.71 billion) for technological development, for which it will seek mid to long-term assistance from the government, the company’s chairman told the Kyodo news agency.

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