Qatar Invests $54M in Japan’s Toppan Chip Component Unit

by Archynetys Economy Desk
Semiconductors

Tekscend hopes sovereign fund’s commitment will help its IPO

Sheikh Bandar bin Mohammed bin Saud al-Thani is chairman of Qatar Investment Authority, which manages approximately $520 billion. © Reuters

AKIRA YAMASHITA

LONDON — Qatar’s sovereign wealth fund will invest 8 billion yen ($54 million) in Tekscend Photomasks, a semiconductor component manufacturing and sales subsidiary of Japanese company Toppan Holdings.

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