Fujifilm to invest $110m in Taiwan chip material production

Japanese company to build new plant and expand facilities on the island

20230516N Fujifilm logo

Fujifilm aims for 500 billion yen in sales of semiconductor materials by fiscal 2030. © Reuters

TSUYOSHI TAMEHIRO, Nikkei staff writer

TOKYO -- Fujifilm Holdings plans to invest 15 billion yen ($110 million) to increase production of a chip-polishing material in Taiwan, the company said Tuesday, responding to rising semiconductor demand from self-driving vehicles and 5G communication technologies.

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