Applied Materials showed the strength of its determination to buy Kokusai Electric, the Japsnese semiconductor manufacturing equipment specialist, by jacking up its bid for the compsny from $2.2 billion to $3.5 billion. Kokusai, originally Hitachi’s chip manufacturing equipment subsidiary, was bought by New York private equity outfit KKR in 2017.The price was not disclosed but, ...

This story continues at Applied hot on the trail of Kokusai

Or just read more coverage at Electronics Weekly