Mitsui Chemicals announced that it will acquire JSR, a major semiconductor materials company, and invest a total of ¥1.84 trillion jointly with Development Bank of Japan Inc. Against the backdrop of semiconductor market growth driven by AI adoption, the company aims to bring in JSR's strengths in photoresists.
Mitsui Chemicals officially announced on the 9th that it will acquire JSR, a major semiconductor materials company, from JIC, a public-private investment fund. The total acquisition price is ¥1.84 trillion, and the investment is planned to be made jointly with Development Bank of Japan Inc.
JSR was previously acquired by JIC in 2024. The latest transaction was described as aiming to enhance competitiveness by bringing in JSR's core technologies, including its photoresist business, against the backdrop of restructuring in the semiconductor materials industry.
With the semiconductor market expected to expand as AI adoption spreads, photoresists, which are used to manufacture circuits on semiconductor substrates, are considered important. Mitsui Chemicals aims to strengthen its business base by utilizing JSR's technological capabilities.