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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.
/PRNewswire/ -- ValueAct Capital ("ValueAct"), a global investment firm which owns over 18 million shares of common stock of JSR Corp. ("JSR" or "the...
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
A Japan-government-backed fund has agreed to buy semiconductor materials maker JSR Corp for about 909.3 billion yen ($6.4 billion).