According to the source cited by the media, private equity giant KKR (KKR.US) plans to sell about half of its holdings in Japanese semiconductor equipment manufacturer Kokusai Electric Corp.
It is reported that Kokusai Electric was listed in Japan last October. The company's stock price has more than doubled since its listing due to market interest in hardware and infrastructure that supports AI. KKR currently holds approximately 43% of Kokusai's shares.
According to the information, Kokusai Electric is a supplier focusing on providing film deposition equipment for the semiconductor industry and is an important partner of Taiwan Semiconductor.