State-backed Japan Investment Corp is in talks to buy the country's top chipmaker, JSR Corp, for about 1 trillion yen , the Nikkei reported on Saturday.
If the deal goes through, JSR would delist from the Tokyo Stock Exchange as soon as 2024, according to Nikkei. To purchase JSR, JIC intends to establish a new company with 500 billion yen in capital, while Mizuho Bank will provide another 400 billion yen in finance.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix CEO says $2.5 billion Korean investment won't exploit local talentSEOUL : Netflix co-CEO Ted Sarandos pledged on Thursday that its bumper investment in South Korean content would not bypass young local talent, after calls by some lawmakers for the streaming giant to share more profits with creators.South Korea has created some of the Californian company's biggest shows
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
How Poland snagged Intel's multi-billion dollar investmentWROCLAW, Poland/STOCKHOLM : Poland's third-largest city Wroclaw beat rivals last week to be home to the next multi-billion dollar Intel chip factory in Europe, with a two-year campaign promising subsidies, infrastructure, talent and a slice of American life.In the face of an unprecedented semiconductor sh
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Netflix CEO says US$2.5 billion Korean investment won't exploit local talentSEOUL Netflix co-CEO Ted Sarandos pledged on Thursday (Jun 22) that its bumper investment in South Korean content would not bypass young local talent, after calls by some lawmakers for the streaming giant to share more profits with creators. South Korea has created some of the Californian company's b
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US rolls out red carpet to Modi with chips, jets investmentWASHINGTON: US President Joe Biden on Thursday (Jun 22) rolled out the red carpet for Indian Prime Minister Narendra Modi with major deals on fighter-jet engines, semiconductors and space, as Washington bets big on New Delhi as a counterweight to China. Modi is being feted with the pomp of a state visit, o
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Micron confirms up to $825 million investment in India chip facilityOAKLAND, California : U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip assembly and test facility in Gujarat, India, its first factory in the country.Micron said that with support from the Indian central government and from the state of Gujarat
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Micron confirms up to US$825 million investment in India chip facilityOAKLAND, California: US memory chip firm Micron Technology said on Thursday (Jun 22) it would invest up to US$825 million in a new chip assembly and test facility in Gujarat, India, its first factory in the country. Micron said that with support from the Indian central government and from the state of Guja
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »