TOKYO -- State-backed Japan Investment Corp.'s move to buy JSR aims to help the semiconductor materials maker survive and grow by industry consolidation, as part of Tokyo's efforts to strengthen the country's chip supply chain.
Semiconductors
Japan's JSR takeover aims to fortify chip supply chain
Materials maker approached state-backed fund last year on possible deal
R&D investment is growing even more important in the semiconductor industry as chips become more advanced. (Photo by Tomoki Mera)
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