SBI denies report it is negotiating with SK Hynix, UMC on Japan chip plant
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 07 2025
0mins
Should l Buy ?
Source: Reuters
Denial of Collaboration Reports: SBI Holdings has denied a report from Nikkan Kogyo that it is in negotiations with SK Hynix and UMC for collaboration on a chip plant in Miyagi prefecture.
Previous Joint Venture Dissolution: The company previously dissolved a joint venture with Powerchip Semiconductor Manufacturing Corp and is exploring partnerships for chip-related business, particularly in DRAM processes and automotive chips.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
