Faced with a long slump in their mainline petrochemical operations, major Japanese chemical-makers are working with other companies over businesses related to semiconductor materials.
While chemical-makers are in the middle of a structural shift with hopes to turn the semiconductor-related businesses into their new pillars of growth, the rise of generative artificial intelligence has made it challenging for them to make semiconductors more functional on their own.
Therefore, they are taking measures with others, such as setting up a joint framework, to speed up the development of related materials.
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