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SBI Holdings denies discussing a Japanese chip facility with SK Hynix and UMC

Posted on March 7, 2025March 7, 2025 by Newsbit

SBI Holdings denied that it is negotiating with South Korea’s SK Hynix and Taiwan’s UMC about collaboration on a chips plant in Miyagi prefecture.

SBI aims to collaborate with SK Hynix on back-end DRAM processes and with UMC on chips for vehicles, according to the Nikkan Kogyo 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. Reuters

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