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Chip-Sector Linchpin Resonac Seeks to Tap China’s AI Ambitions

Semiconductor materials linchpin Resonac Holdings Corp. is eyeing solid growth from Beijing’s ambition to build its own chip industry, leaving the door open for further investment in China in the years ahead.Tokyo-based Resonac, which supplies crucial chemicals used to make cutting-edge chips, has bolstered production capacity in China to meet demand driven by a state-backed push to create a domestic semiconductor supply chain, according to Chief Executive Officer Hidehito Takahashi....

Read more at bloomberg.com

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