$4185 JSR - again something interesting for our GQ investors who like to invest in the chip industry and Japan.
JSR holds a 30 percent share of the world market for photoresists, light-sensitive chemicals on which the circuit design of chips is printed. Customers include industry giants $005930 Samsung, $INTC Intel and $2330 TSMC.
Now Japan seems to be upgrading with a strategic deal in the "chip war" between the USA and China.
A sovereign wealth fund backed by Japan's Ministry of Economy, Trade and Industry (METI) is buying JSR, which plays a global role in the semiconductor industry, filling an interface in international supply chains.
More details are available at Strategischer Deal: Japan rüstet im „Chipkrieg“ auf - news.ORF.at