# Techsend Photomask invests 250 billion won in third factory in Icheon

Techsend Photomask Co., Ltd. signed a 250 billion won investment agreement with Icheon City to expand its third factory in Sindun-myeon, Icheon. Construction is expected to be completed by 2027, with mass production of advanced photomasks for 14nm and below semiconductors by 2028.

- Type: Expansion
- Announced: 2026-03-17
- Where: Sindun-myeon, Icheon, Gyeonggi Province, South Korea
- Value: $190.0M (250.0B KRW)
- Starts operating: 2028
- Status: announced
- Products: photomasks for semiconductors of 14nm and below
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Techsend Photomask](https://endata.com/companies/91087.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2026033021053060005), 2026-03-30: "Icheon City announced on the 30th that it had signed a 250 billion won investment business support agreement with Techsend Photomask Co., Ltd., a key company in semiconductor core process materials, on March 17."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.