An acquisition by Japan Investment Corp (JIC), overseen by the powerful trade ministry, would be the latest in a series of increasingly muscular government moves to regain Japan s lost lead in advanced chip production.
Semiconductor materials maker JSR Corp s (4185.T) board will meet on Monday to discuss a potential multi-billion dollar buyout by a government-backed fund that would mark an acceleration of Japan s efforts to strengthen its chip industry.JSR s market capi
JSR Corp: An acquisition by JIC, which is overseen by the powerful trade ministry, would be the latest in a series of increasingly muscular moves by Japan to juice up its chip industry, which has lost global market share in recent decades.
Japan-backed Fund Offers $6 2 Bln To Buy Chip Firm JSR barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.
TOKYO :Japan stepped up efforts to bolster its chip industry on Monday, with a government-backed fund agreeing to buy semiconductor materials maker JSR Corp for about 909.3 billion yen ($6.4 billion).The move by Japan Investment Corp (JIC), overseen by the powerful trade ministry, is the latest in a series of