Japan-backed chipmaker JS Foundry to file for bankruptcy
Nikkei staff writers
TOKYO -- A Japanese government-backed contract chipmaker is set to file for bankruptcy protection with the Tokyo District Court on Monday, sources told Nikkei.
The company, Tokyo-based JS Foundry, is a producer of power semiconductors that are typically used for regulating electric power flows and used in large electric equipment such as electric vehicles, home appliances and trains.
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