TOKYO (Reuters) – SBI Holdings is negotiating with South Korea’s SK Hynix and Taiwan’s UMC about collaboration on a chips plant the financial firm is planning in Japan’s Miyagi prefecture, Nikkan Kogyo newspaper reported on Friday.
SBI aims to collaborate with SK Hynix on back-end DRAM processes and with UMC on chips for vehicles, according to the report, which did not cite sources.
SBI announced in September it was dissolving a joint venture with Taiwan’s Powerchip Semiconductor Manufacturing Corp.
The companies had been seeking government subsidies to build a foundry in northern Japan. SBI said at the time it would consider partnering with other firms on chip-related business.
(This story has been refiled to correct the company’s name to Miyagi, from Miyaghi, in paragraph 1)
(Reporting by Sam Nussey; Editing by Leslie Adler)
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