The Recycler
  • Ninestar web banner November 2022 Masthead
  • Biuromax Web banner June 2022
  • Katun web banner December 2022 NEW
  • Static Control June 2022 Masthead Ad

Canon to invest in chip manufacturing device production

October 5, 2022

According to an article on MarketScreener Canon is set to invest ¥50 billion ($346 million/ €349 million) to double the manufacturing of devices used for chip production.

The new facilities are said to be planned for Utsunomiya in the eastern prefecture of Tochigi, with the start of production set to begin in 2025. The article says the investment is aimed at doubling the output of semiconductor lithography equipment, to counteract the current global chip shortage.

MarketScreeners article said: “The company is also considering producing next-generation equipment, which could make chips at a lower cost, at the facility.”

Already this year, Canon is planning on selling 180 units of the chip making equipment, an increase of 30% year-on-year, stating growing demand is the cause for the increase.

 

Categories : City News

Tags : Canon Chips Investment Manufacturing Production

  • Ink Tank Web Ad Jan 2023
  • Biuromax Big & Bold Jan 2023
  • GPI Web ad February 2023
  • Mito December 2022 Web banner
  • IR Italiana Web ad January 2021
  • Aster Web ad Jan 2023
  • Apex Web Ad September 2022
  • Static Control June 2022 Big & Bold Ad
  • GM Technology Web 2022 Ad
  • CET Web Ad Jan 2023
  • ITP Web ad January 2021
  • PCL Group Jan 2023 Web ad
  • CTS New Ad March 2022
  • Zhono Web Ad October 2022
  • HYB October 2022 Web banner
  • ITP Web ad January 2021
  • CET Web Ad Jan 2023
  • PCL Group Jan 2023 Web ad
  • CTS New Ad March 2022
  • HYB October 2022 Web banner
  • Zhono Web Ad October 2022
  • HYB October 2022 Web banner
  • PCL Group Jan 2023 Web ad
  • Zhono Web Ad October 2022
  • CET Web Ad Jan 2023
  • ITP Web ad January 2021
  • CTS New Ad March 2022

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark