Japoan bolsters its chip industry with buyout of equipment maker JSR

Japanese semiconductor equipment maker JSR has accepted a buyout offer of $6.4 billion (909.3 billion yen) from the Japanese government, in the country’s latest move to bolster its domestic chip industry.

JSR is the world’s leading maker of photoresists , the chemicals used for the process of printing circuit designs on chip wafers. It is also one of three Japanese companies that controls the world’s supply of fluorinated polyimide and hydrogen fluoride, compounds which are used to make the semiconductors found in supercomputers, AI-harnessing data centers…