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Mitsubishi Chemical to build Taiwan plant to boost chip materials

US-China trade war and 5G push Japanese companies to shift production to island

Mitsubishi Chemical will build a new factory in Taiwan to boost supply of semiconductor materials for Taiwanese producers. (Source photos by AP)

TOKYO -- Mitsubishi Chemical will build a new factory in Taiwan next year to boost supply of semiconductor materials for Taiwanese producers, Nikkei learned on Monday, the latest example by Japanese companies to ride the growing demand for 5G internet services.

The move also reflects an effort by Japanese companies to retain share in a market that has started attracting Chinese and South Korean rivals.

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