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Economy · Tokyo, Japan ·

Mitsui Chemicals to buy JSR for $12 billion

Reported by 1 outlet · under-reported · first reported Nov 9, 1:03 AM ET

Mitsui Chemicals agreed to take over chip materials maker JSR for $12 billion. The deal backs consolidation of Japan's chip materials industry.

Why it matters

It affects the supply of materials used in chips.

Background

JSR is a major photoresist maker.

The story so far

  1. China blocks SoftBank's $5.4 billion ABB robotics deal
  2. SoftBank, ABB weigh China carve-out for robotics deal
  3. Mitsui Chemicals to buy JSR for $12 billion

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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