Japan’s JIC, after acquiring JSR Corporation for $6.4 billion, is considering various merger and acquisition opportunities in the chipmaking industry. JIC’s President and CEO, Eiji Ikeuchi, expressed openness to exploring all possibilities in areas like specialty materials, packaging, and testing.4
JIC believes its strong financial position and sector expertise make it well-suited for acquisitions. The global chip shortage has created a favorable environment for M&A activity, a trend observed among companies like SK Hynix and TSMC.
One potential area for JIC’s M&A activity is specialty materials. JSR Corporation, being a prominent supplier in this field, gives JIC an opportunity to expand its product portfolio and strengthen its market position.
Another potential avenue is chip packaging. JIC could acquire a company specialized in this area to enhance its expertise in the critical packaging stage of chipmaking. Similarly, JIC could also consider acquiring a company specializing in chip testing to bolster its capabilities in this crucial step.
While the specific M&A deals JIC will pursue in the chipmaking industry are yet to be determined, their interest in this sector indicates a belief in substantial growth prospects in the coming years.
