# JX Advanced Metals and OXIDE enter capital and business alliance

JX Advanced Metals Corporation and OXIDE Corporation announced a capital and business alliance agreement. JX Advanced Metals will invest approximately JPY 2.75 billion to acquire a 7.66% stake in OXIDE (7.12% after dilution) to collaborate on crystal materials for photonics and optical communications.

- Type: Partnership
- Announced: 2026-11-09
- Where: Japan
- Value: $18.3M (2.75B JPY)
- Status: announced
- Products: indium phosphide substrates, optical single crystals, thin-film lithium niobate
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [JX Advanced Metals Corporation](https://endata.com/companies/16093.md) (investor)
- [OXIDE Corporation](https://endata.com/companies/95462.md) (partner)

## Sources

- [jx-nmm.com](https://www.jx-nmm.com/english/newsrelease/fy2026/20261109_11.html), 2026-11-09: "JX Advanced Metals plans to subscribe for shares to be issued by OXIDE through a third-party allotment and acquire shares representing 7.66% of OXIDE's total issued shares."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.