Japan's SBI dissolves chip joint venture with Taiwan's Powerchip

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TOKYO :Japan's SBI Holdings said on Friday it has decided to dissolve a joint venture with Taiwan's Powerchip Semiconductor Manufacturing Corp.

The companies had been seeking government subsidies for a planned foundry in Miyagi prefecture in northern Japan.

The financial firm said it will consider partnering on chip-related business with other companies in Miyagi.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapanTaiwan

Topics: Venture Dissolve Tokyo Companies Manufacturing Joint Miyagi Powerchip Japan Experience Mediacorp

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 17:25:27 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 136 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22749850

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 4 hours ago

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