It was previously reported that JSR, the Japanese semiconductor equipment manufacturer, said that it was considering an acquisition proposal proposed by the INCJ (JIC), a government private fund. Just yesterday, the management of JSR had accepted the agency's acquisition invitation of about 1 trillion yen, which meant that JSR became a state-owned enterprise again after many years of restructuring and privatization.

JSR Jieshiya Co., Ltd. has been selling photoresists since April 1979 and has been supplying photoresist materials, CMP materials, and packaging materials to the semiconductor industry for over forty years. The company now supplies photoresist to global chip manufacturers and is one of the only four suppliers of EUV photoresist worldwide. It ranks first in the ArF photoresist field for 130-7 nm processes with a market share of over 30%, and its customers include Samsung, TSMC, Intel, and others.

It is reported that JSR's photoresist business market share has long been among the top in the world. In recent years, the company has expanded the cutting-edge photoresist market through acquisition and cooperation. This acquisition will have a significant impact on both JSR and Japan's semiconductor strategy. JIC claims to make a public acquisition of JSR's stock before the end of the year, and JSR will be delisted from the Tokyo Stock Exchange in the summer of next year. JIC hopes to fully acquire the operating rights of JSR to enhance Japan's competitiveness in the field of semiconductor materials.

According to insiders, JIC will invest 500 billion yen to establish a new company for the acquisition of JSR, of which Mizuho Bank will borrow about 400 billion yen for financing, and Mitsubishi UFJ and other institutions will also provide 100 billion yen for loans, which means that JSR will become a state-owned enterprise again after many years of restructuring and privatization.

According to official sources, JSR was established in 1957 as a government supported synthetic rubber manufacturer and officially entered the photoresist industry in 1979. Our products cover G/I lines, KrF, ArF (dry/wet), and EUV photoresists, making us a leading global photoresist manufacturer.