CHEONAN, South Korea -- Buoyed by strong demand brought about by the generative AI boom, Japanese chip tool maker Towa is considering further expanding its production capacity in South Korea, where it just completed a second facility.
Semiconductors
Japan's Towa eyes third chip tool plant in South Korea amid AI boom
Rising costs prompt company to shift production closer to customers
Towa held a completion ceremony for its second South Korean plant on June 30. (Photo by Nami Matsuura)
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