Mitsui Chemicals and DBJ to Acquire JSR in $11.6 Billion Semiconductor Deal

Mitsui Chemicals, supported by the Development Bank of Japan (DBJ), has agreed to acquire JSR Corp., a major semiconductor materials supplier, for approximately $11.6 billion. This significant acquisition aims to consolidate Japan's semiconductor-materials industry and create a larger domestic supplier of advanced chip manufacturing materials. The deal could reshape the global supply chain for critical chip components.