SemiconductorsFujifilm to invest over $630m to boost chip material production
Company poised to tap growth from 5G networks and AI
Fujifilm sees chip materials as a driver for future growth, alongside its health care business. © Reuters
TSUYOSHI TAMEHIRO, Nikkei staff writer
August 21, 2021 00:05 JST
TOKYO -- Fujifilm Holdings will invest 70 billion yen ($637 million) over the three years through March 2024 into its semiconductor materials business, tapping the surging global demand for chips driven by the rise of fifth-generation wireless and artificial intelligence.