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U.S. chip material maker Entegris doubles Taiwan investment to $500m

CEO says robust industry growth will reduce the risk of a semiconductor glut

U.S. chip materials maker Entegris is building its biggest production facility in Taiwan. (Photo courtesy of Entegris)

TAIPEI -- U.S. chip material maker Entegris plans to more than double its investment in Taiwan and build its largest manufacturing site on the island, in a major win for the key Asian chip economy as it races to secure its position in the semiconductor supply chain.

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