JSR Corp Announces $6.4 Billion Sale to Government-Backed Fund for Strategic Shift in Chip Materials Sector.

In a striking move, JSR Corp (4185.T), a prominent manufacturer of photoresists crucial for chip fabrication, has astounded the industry with a momentous $6.4 billion agreement to go private.

The core impetus propelling JSR Corp’s pivot to privatization lies in the imperative to liberate.

They also express concerns about its overall contribution to the Japanese semiconductor materials industry.