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JSR acquired the entire equity of JSR Electronic Materials Korea, its joint venture with Peri Corp., to accelerate semiconductor material production and R&D in South Korea. The joint venture was founded in 2014 with Peri holding 60% and JSR 40%.
“JSR Corporation announced today that it has signed a Share Purchase Agreement to acquire the 60% of shares held by PERI Corporation and make JSR Electronic Materials Korea Co., Ltd. a wholly owned subsidiary of JSR.”jsr.co.jp
Summarized from public sources; check the original articles before acting on it.