3 days ago
Japan-backed chipmaker JS Foundry files for bankruptcy
JS Foundry was set up by Mercuria Investment and Sangyo Sosei Advisory in December 2022.
Nikkei staff writers
TOKYO -- Japanese government-backed contract chipmaker JS Foundry has filed for bankruptcy protection with the Tokyo District Court on Monday.
The Tokyo-based company is a producer of power semiconductors that are typically used for regulating electric power flows and installed in large electric equipment such as electric vehicles, home appliances and trains.
