KOBE, Japan — Kobe Steel Ltd. said today it will raise its investment in Komag, Inc., Milpitas, Calif.-based independent supplier of sputtered thin-film disks, to 20% from the present 2%.
The Kobe-based firm said an agreement to this effect has been reached in principle between the two companies.
The agreement will make Kobe a major shareholder in the U.S. firm, along with Asahi Glass Co. of Japan, which also holds a 20% stake in the company.
