Japan's JSR says it is considering being bought by state-backed JIC

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Japan's JSR says it is considering being bought by state-backed JIC
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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.

said on Saturday it is considering a deal for it to be bought by state-backed Japan Investment Corp , a move that would have major implications for Japan's semiconductor strategy.

Japan's government regards microchips as strategic products to strengthen its economic security, and seeks to bolster supply chain. JSR, set up in 1957 as a government-backed synthetic rubber maker, now supplies photoresists to global chipmakers. They are used to transfer circuit patterns onto semiconductor wafers.

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