Carlyle targets Japanese microchips as Taiwan deal stalls

US private equity firm The Carlyle Group has shrugged off delays surrounding its $6.5bn (€4.8bn) bid for Advanced Semiconductor Engineering in Taiwan, revealing plans for acquisitions in Japan's microchip industry.

Carlyle, is currently in the process of committing its $1.9bn Japan-focused fund raised last summer, its largest dedicated to the country. It spent $769m last year to buy Japanese business Toshiba Ceramics.

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