State-backed JIC in talks to buy out Japanese chip-maker JSR

State-backed JIC in talks to buy out Japanese chip-maker JSR

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

Japanese semiconductor-equipment maker JSR Corp said on Saturday it is considering a deal for it to be bought by state-backed Japan Investment Corp (JIC), a move that would have major implications for Japan’s semiconductor strategy.