Macnica Holdings Inc., a chip distributor based in Japan, is actively seeking acquisition opportunities in Asia, particularly in China and India. This is part of their strategy to improve their competitive position in the face of industry consolidation pressures.

The company distributes chips from major manufacturers, including Intel Corp.'s Altera, and recognizes the need to scale their operations in order to effectively compete with larger rivals. Macnica's President, Kazumasa Hara, has highlighted the challenges posed by the ongoing technological rivalry between the United States and China, which has resulted in export controls and disruptions in the supply chain.

To address these challenges, the company is focusing on regions such as China, Southeast Asia, India, and South Korea to identify potential acquisition targets. Their goal is to strengthen their market presence in an industry that is rapidly evolving.