# Techwing to build new factory with 18.9 billion won investment

Techwing, a semiconductor manufacturing equipment maker, announced on 14 April 2017 that it will invest 18.9 billion won to build a new factory to meet rising demand and develop new items.

- Type: New facility
- Announced: 2017-04-14
- Where: Asan Second Techno Valley, South Korea, South Korea
- Value: $16.7M (18.9B KRW)
- Starts operating: Q1 2018
- Status: announced
- Capacity: annual production capacity from KRW 200 billion to KRW 300 billion
- Products: semiconductor manufacturing equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [mk.co.kr](https://www.mk.co.kr/news/stock/7786466), 2017-04-14: "이번 공장 신축을 통해 생산규모를 연간 2000억원에서 3000억원으로 확대할 것"
- [newsworks.co.kr](https://www.newsworks.co.kr/news/articleView.html?idxno=122237), 2017-04-14: "테크윙은 수요 확대에 대응하고 신규 아이템을 개발하기 위해 189억원을 들여 공장을 신설하기로 했다고 14일 공시했다."

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