SUMCO building new 300m site

May 15, 2006 – SUMCO Corp., the wafermaking JV between Sumitomo Metal Industries Ltd. and Mitsubishi Materials Corp., plans to invest ¥110 billion (about US $1.0 billion) to build a new 300mm wafer production site in southern Japan, according to local news reports.

The facility in Imari, Saga Prefecture, about 4km from its existing plant, will begin operations in April 2008 with initial capacity of 100,000 wafers/month.

The company has been expanding operations to nearly double capacity to 700,000 wafers/month, but decided there was no more room at its existing facilities for production expansion.

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