JX and OXIDE enter into capital and business alliance agreement

What happened

JX Advanced Metals Corp, based in Tokyo, and OXIDE Corp of Yamanashi, Japan (a company specializing in optical crystals and frequency-conversion technology) have entered into a capital and business alliance agreement. JX plans to subscribe for shares to be issued by OXIDE through a third-party allotment and to acquire shares representing 7.66% of OXIDE's total issued shares; the investment is expected to amount to about ¥2.75bn, and JX's ownership ratio is expected to be 7.12%. The alliance agreement itself has been signed, while the share subscription and the stated ownership ratio and investment amount remain planned or expected.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 11/11/2026 · View original source