NGK Insulators has announced that it will invest a total of ¥8.96 billion ($56 million) in FM Industries, a subsidiary that manufactures components for semiconductor manufacturing equipment, to increase production capacity by approximately 1.2 times.
With production scheduled to begin in January 2027, FMI will establish a supply system capable of meeting the expected growth in semiconductor demand.
NGK produces ceramics for semiconductor manufacturing equipment at its Chita site (Handa City, Aichi Prefecture) and at its manufacturing subsidiary NGK Ceramic Device. [Read more…] about NGK Insulators to invest $58 million into expansion of US production site