Semiconductor materials maker JSR Corp's board will meet on Monday to discuss a potential multi-billion dollar buyout by a government-backed fund that would mark an acceleration of Japan's efforts to strengthen its chip industry.
on the JSR acquisition, the Nikkei newspaper reported, injecting 500 billion yen into a new company to make the purchase and borrowing 400 billion yen from Mizuho Bank.The company needs to invest heavily in research and development and to expand capacity as demand grows, said the official, who declined to be named because they are not permitted to speak with media.
"JIC is starting here. It would surprise me quite a bit if that is where they stopped," Travis Lundy of Quiddity Advisors wrote in a note on Smartkarma.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Japan Investment Corp in $7 bln deal talks with chipmaker JSR -NikkeiState-backed Japan Investment Corp is in talks to buy the country's top chipmaker, JSR Corp , for about 1 trillion yen ($7 billion), the Nikkei business daily reported on Saturday.
Baca lebih lajut »
Japan's JSR says it is considering being bought by state-backed JICJapanese 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.
Baca lebih lajut »
Japan Investment Corp in $7 billion deal talks with chipmaker JSR, Nikkei reportsState-backed Japan Investment Corp is in talks to buy the country's top chipmaker, JSR Corp , for about 1 trillion yen ($6.96 billion), the Nikkei reported on Saturday.
Baca lebih lajut »
LAPD shoots assault suspect inside Little Tokyo hotelThe man was expected to survive the shooting early Sunday in the Miyako Hotel, where he had been accused of threatening staff members.
Baca lebih lajut »
Our oddest photos of the week | Pictures | ReutersICYMI: From reuterspictures - Street-strolling alpacas, a mermaid parade, and more. Here are some of this week’s most interesting photos
Baca lebih lajut »
Japan's SBI Holdings raises stake in Shinsei Bank after tender offerJapanese online financial conglomerate SBI Holdings Inc said on Saturday it has raised its stake in SBI Shinsei Bank to 53.74% from 50.04% through a tender offer as a step toward taking the midsize lender private.
Baca lebih lajut »