NKG spending ¥30B for chip package plant

March 29, 2006 – NGK Spark Plug Co. plans to invest 30 billion yen (US $256.7 million) to build a new chip packaging facility at its existing site in Komaki, Aichi Prefecture, giving a 40% boost to its production capacity for plastic packages for microprocessors, according to the Nihon Keizai Shimbun.

Construction of the 54,000 sq. m site is slated to begin in May, with operations starting up in early 2008. The company has existing operations at a plant in Ise, Mie Prefecture, and through a Taiwanese subcontractor to whom it will outsource more production of lower-priced chip packages.

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