Photronics and Dai Nippon Printing form joint venture for China semiconductor market

Photronics and Dai Nippon Printing have agreed to form a joint venture, Photronics DNP Mask Corporation Xiamen (PDMCX), to serve semiconductor manufacturers in China. The JV will include a photomask manufacturing facility under construction in Xiamen, with a $160 million investment over five years. Production is scheduled to begin by end of 2018.

“Photronics, Inc. today announced an agreement with Dai Nippon Printing Co., Ltd. to form a joint venture focused on serving semiconductor manufacturers in China.”photronicsinc.gcs-web.com

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• photronicsinc.gcs-web.comPhotronics Announces Second Joint Venture with Dai Nippon ...May 17, 2017

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