JSR to establish a joint venture for electronic materials business in Korea
10/01/2014
Tokyo, Japan, October 1, 2014-- JSR Corporation (Headquarters: Minato Ward, Tokyo; President: Mitsunobu Koshiba) announced today that it has spun off the agency function of its electronic materials from JSR Micro Korea Co., Ltd., a JSR Group subsidiary company wholly owned by JSR, and agreed to form a strategic alliance with PERI Corporation as a Joint Venture, named JSR Electronic Materials Korea Co., Ltd.
The main purposes of the joint venture are to establish and strengthen an organization focused on the electronic materials business in the important Korean market. In addition, it accelerates localization in Korea, which is becoming more crucial for the electronic materials business.
About JSR Electronic Materials Korea Co., Ltd.
About PERI Corporation
The main purposes of the joint venture are to establish and strengthen an organization focused on the electronic materials business in the important Korean market. In addition, it accelerates localization in Korea, which is becoming more crucial for the electronic materials business.
About JSR Electronic Materials Korea Co., Ltd.
| (1) | Location | Pangyoyeok-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
| (2) | Representative | Representative Directors: David Sangmin Park and Takeshi Sugimoto (Representative Director and President: David Sangmin Park) |
| (3) | Business | Sales agent for semiconductor materials etc. |
| (4) | Capital | 100 million won |
| (5) | Date of Establishment | September 30, 2014 |
| (6) | Investment Ratio | PERI Corporation 60% JSR Corporation 40% |
| (1) | Location | Yatap-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
| (2) | Representative | Representative Director and President: David Sangmin Park |
| (3) | Business | Trading, investment etc. |
| (4) | Capital | 50 million won |
| (5) | Date of Establishment | July 21, 2014 |
| (6) | Investment Ratio | David Sangmin Park 100% |