TOKYO -- JX Advanced Metals gained on its first session on the Tokyo Stock Exchange Wednesday, moving out from under energy group Eneos Holdings' umbrella as it shifts focus from resources and smelting to semiconductor materials.
IPO
Fresh from IPO, Japan's JX Advanced Metals aims for new start as chip sector stock
Energy group spinoff accelerates shift toward semiconductor materials
JX Advanced Metals holds a roughly 60% global share in sputtering targets, which are used in the chipmaking process. (Photo by Yuji Ohira)
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