Japan's JIC sees M&A options in high-end chipmaking post-$6.4b JSR buyout

Japan's JIC sees M&A options in high-end chipmaking post-$6.4b JSR buyout

Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan. Photographer: Kiyoshi Ota/Bloomberg

State-backed Japan Investment Corp (JIC) sees potential for more mergers and acquisitions in high-end corners of the chipmaking industry following its planned $6.4 -billion buyout of materials maker JSR, the head of its private equity arm said.