Mitsui Chemicals will acquire JSR together with Japan Investment Corporation (JIC), a government-backed fund. The drive to strengthen products compatible with EUV lithography, with semiconductor materials positioned as a growth pillar, is rooted in a sense of urgency over Chinese competitors closing the gap.
Mitsui Chemicals has finalized its policy of acquiring JSR, a major semiconductor materials company, from Japan Investment Corporation (JIC), a government-backed fund. The article does not provide specific details on the terms or timing of the acquisition, but reports that a capital alliance between the two companies is expected to be concluded.
Through JSR, Mitsui Chemicals aims to expand its semiconductor materials lineup and enhance its ability to make proposals to customers. It plans to strengthen its ability to address growth areas by expanding JSR’s materials portfolio.
It is placing particular emphasis on strengthening materials and product lines for advanced semiconductors using extreme ultraviolet (EUV) lithography, and will establish a structure capable of meeting demand related to EUV.
The background includes a sense of urgency over Chinese competitors expanding their market presence and closing the gap, making the securing of competitiveness in semiconductor materials a priority.