# Techwing to invest 52.6 billion won in new Cheonan semiconductor equipment factory

Techwing announced a 52.6 billion won investment to build a new factory at the Cheonan BIT Industrial Complex in Cheonan, South Korea, to expand semiconductor equipment production capacity. The investment period runs from November 3, 2026 to July 31, 2027.

- Type: Expansion
- Announced: 2026-11-03
- Where: Cheonan, South Chungcheong Province, South Korea
- Value: $39.0M (52.6B KRW)
- Status: announced
- Capacity: additional annual revenue of 200 billion won to 300 billion won at full capacity
- Products: semiconductor test handlers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Techwing](https://endata.com/companies/15359.md)

## Sources

- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=15238), 2026-11-03: "Techwing plans to expand its semiconductor equipment production capacity to meet growing demand in the memory market."

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