FILE PHOTO: Workers are seen inside Yageo’s factory in Kaohsiung, Taiwan, June 6, 2025. REUTERS/Wen-Yee Lee/File Photo
TOKYO (Reuters) -Japan has granted national security clearance to Taiwan's Yageo for its unsolicited bid to buy Shibaura Electronics, concluding a lengthy review that underscored Tokyo's tighter security control for sensitive technologies.
The approval removes a major hurdle to Yageo's $740 million overture, which had faced scrutiny under Japan's Foreign Exchange and Foreign Trade Act as Shibaura's thermistor sensor business falls under the "core" national security category.
