# DNP and Photronics to form semiconductor photomask JV in China

Dai Nippon Printing and Photronics will establish a joint venture, Photronics DNP Mask Corporation Xiamen, in Xiamen, China, to manufacture and sell semiconductor photomasks. Investment is planned at US$160 million over five years, with volume production expected by December 2018.

- Type: Acquisition
- Announced: 2017-05-18
- Where: Xiamen City, Fujian Province, China, China
- Value: $160.0M
- Status: announced
- Products: semiconductor photomasks
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Dai Nippon Printing](https://endata.com/companies/3103.md) (partner)
- [Photronics](https://endata.com/companies/24317.md) (partner)

## Sources

- [global.dnp](https://www.global.dnp/de/news/detail/20166782_4126.html), 2017-05-18: "Investment in the China-based JV is planned at US$ 160 million over the next five years, and a new plant will be built in Xiamen City in Fujian Province to supply semiconductor photomasks."

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