TOKYO -- A Japanese fund backed by the Development Bank of Japan and trading house Itochu will buy a semiconductor plant in Japan owned by American manufacturer ON Semiconductor, known as Onsemi, Nikkei has learned.
Business deals
Japan fund buys Onsemi plant to make EV semiconductors
Mercuria eyes buying more Japanese fabs, could rejuvenate industry domestically
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An Onsemi plant based in Niigata will begin production of EV semiconductors in December. (Source photos by Ryosuke Eguchi and Onsemi)
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