Market Chatter: JSR to Build Semiconductor Material Plant in Taiwan
JSR (TYO:4185) looks to construct its first production facility for semiconductor materials in Taiwan, Nikkei Asia reported Monday.The plant will supply advanced photoresists, used to make circuit patterns on silicon wafers, to Taiwan Semiconductor Manufacturing (TPE:2330), according to the report.The Japanese chemical producer teamed up with a local partner in April for a new joint venture dedicated to the project, the report said.The company will invest tens of millions of dollars in the plant and aims to make it operational as early as 2028, Nikkei Asia said.The move comes as Japanese producers aim to maintain their share of the Taiwanese market amid heightened competition from Chinese peers, the report said.Japanese producers have an 80% share of the global photoresist market, with JSR the second-biggest supplier, the report said.The company will look into making other products aside from photoresist at the Taiwan plant, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
