Financials, Technology Dec 09, 2021 08:58 AM (GMT+8) · EqualOcean
It is reported that Sumitomo bakelite of Japan said it would enhance the production capacity of semiconductor packaging materials worldwide to meet the growing demand. It is expected that the global production capacity will increase by 44% to 5200 tons per month by 2023. Sumitomo bakelite said that the factory is now in full production, but the supply can not keep up with demand. Sumitomo bakelite will invest 2 billion 500 million yen in the Chinese mainland to introduce new production lines. It plans to start operation in early 2022, and its capacity will increase from 5 to 1800 tons per month.
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