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Canon to double output of chipmaking equipment

The rise of the 'internet of things' seen driving semiconductor demand

TOKYO -- Canon looks to increase production of machinery used to form integrated circuits on silicon wafers, helping customers meet booming chip demand as the so-called internet of things brings a wide variety of devices online.

Two facilities north of Tokyo that manufacture photolithography systems are to be expanded in the latter half of 2018. Output capacity is expected to grow 50-100%, though specific production and investment figures have not been made public. Plans are to roughly double output in 2018 compared with 2017.

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