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The move by Japan Investment Corp (JIC), overseen by the powerful trade ministry, is the latest in a series of increasingly muscular government steps to try to regain Japan's lead in advanced chip production and maintain its edge as a maker of materials and tools used in their manufacture. JIC plans to launch a tender offer in late December offering 4,350 yen per share, a 35% premium to Friday's closing price, to take JSR private.

Japan Investment Corp (JIC), a government-backed fund, has agreed to buy semiconductor materials maker JSR

State-backed Japan Investment Corp is in talks to buy the country’s top chipmaker, JSR Corp, for about 1 trillion yen (US$7 billion), ...

:Japanese semiconductor-equipment maker JSR Corp said on Saturday it is considering a deal for it to be bought by state-backed Japan Investment Corp (JIC), a move that would have major implications for Japan's semiconductor strategy.JSR said nothing was decided but that its board would discuss the matter on M

State-backed Japan Investment Corp is in talks to buy the country’s top chipmaker, JSR Corp, for about 1 trillion...