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Global Trade Alert

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Japan: Government-backed fund pours USD 6.4 billion in Japanese semiconductor company

Description

On 26 June 2023, the Japan Investment Corporation (JIC) announced that it will acquire the shares of JSR Corporation through its subsidiary. The purchase will start in late December 2023. Out of the 2...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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Threads

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