“Japan Chip Linchpin Soars on $7 Billion Government Buyout Talk”
July 12, 2023
“JSR Corp., the largest maker of a compound essential to all chipmaking, surged by its daily limit after a report the government-backed Japan Investment Corp. may buy out the company for roughly ¥1 trillion ($7 billion)…
JSR controls roughly 30% of the global market for photoresists and is one of three Japanese companies, along with Shin-Etsu and Tokyo Ohka Kogyo, to almost wholly control fluorinated polyimide and hydrogen fluoride — essential ingredients for the manufacture of displays and semiconductors.
If the takeover materializes as reported, “it would ease investing in photoresists and other semiconductor materials for JSR, potentially further enhancing its technical and cost competitiveness,” Miyamoto added…”
https://finance.yahoo.com/news/japan-chip-linchpin-soar-7-025101753.html
this article is a little old but due to recent events I think its relevant.