By bno – Taipei Office Rapidus Corp., the Japanese semiconductor venture backed by government and industry, has sought loans amounting to approximately JPY100bn (about $685mn) as part of its ambitious plan to revolutionise chip production. The company aims to secure a total of JPY5 trillion to establish itself as a leader in next-generation semiconductor manufacturing by 2027, as reported by Kyodo News. The company, established in 2022 with a focus on enhancing Japan’s economic security through advanced semiconductor technologies, has approached Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking …