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Japan unveils $6 billion deal to buy out chip linchpin JSR

Por: The Boston Globe Business June 27, 2023

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Japan’s government unveiled a $6.3 billion deal to buy out and privatize JSR, taking direct control of the world leader in chipmaking compounds at a time US-Chinese tensions threaten to fragment the $550 billion global semiconductor industry.Government-backed Japan Investment Corp. plans to offer shareholders 4,350 yen ($30.40) a share in a tender offer around December, the company said Monday in a statement. That’s a roughly 35 percent... + full article



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