*This is a machine-translated text of the original article.

Mitsubishi Chemical Corporation announced on April 1, 2020 that it would set up a semiconductor headquarters in the electronic and display divisions and consolidate related businesses with the aim of strengthening semiconductor-related businesses.

At the same time, the company will establish MC Chemical Solution for Semiconductor as a global virtual organization and operate its business, including overseas local companies.

The semiconductor market has grown significantly in recent years due to the spread of the introduction of AI and IoT and the trend toward CASE in the automotive industry, and it is expected that the semiconductor market will continue to grow as it becomes more sophisticated.

Until now, the company has been engaged in the businesses of products and services related to semiconductor manufacturing in each business division and high-functional chemical division within the electronics and display division.

By transferring and consolidating these operations to the newly established Semiconductor Division and operating them in an integrated manner, the company aims to strengthen its business foundation and increase its presence in the industry.

The company will develop its business using a unified MCSS brand globally, regardless of the divisions and affiliated companies under its control. By doing so, the company will establish a system to provide semiconductor-related solutions one-stop to customers in countries and regions around the world.

Under the Mitsubishi Chemical Holdings Group’s APTSIS20 medium-term management plan, the company plans to continue expanding its semiconductor-related business in its focus market, IT/Electronics Display.

Original Text: https://ampmedia.jp/2020/03/09/mitsubishi-4/