Japan's Shin-Etsu Chemical invests $545m in a new chip supply factory in Gunma prefecture by 2026.

Japan's Shin-Etsu Chemical plans to invest $545m (83bn yen) in a new factory in Gunma prefecture, bolstering Japan's chip supply chain. The facility will produce lithography materials for semiconductor production, with the first phase set to complete by 2026. This follows the government's support for expanding domestic and foreign chipmaker capacity in the country.

April 09, 2024
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