SBI Holdings to help Taiwan chipmaker PSMC build plant in Japan
July 05, 2023 at 01:49 am EDT
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TOKYO (Reuters) - Japan's SBI Holdings on Wednesday said it had agreed with Powerchip Semiconductor Manufacturing Corp (PSMC) to set up a firm that will help the Taiwanese chipmaker establish a factory in Japan.
The Japanese financial firm said in a press release that it would assist in fundraising and planning and would help the chipmaker find a location.
(Reporting by Miho Uranaka; Writing by Tim Kelly; Editing by Christopher Cushing)
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.
SBI HOLDINGS, INC. 
