# Shinko Electric plans JPY 54 billion investment in FC substrates

Shinko Electric Industries plans to invest 54 billion yen over four years (FY2018-2021) to increase flip-chip substrate production capacity by about 40%.

- Type: Investment
- Announced: 2019-05-28
- Where: Nakano, Nagano Prefecture, Japan, Japan
- Value: $493.0M (54.0B JPY)
- Status: announced
- Products: flip-chip package substrates
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shinko Electric Industries](https://endata.com/companies/35146.md)

## Sources

- [news.infoseek.co.jp](https://news.infoseek.co.jp/article/toushin1_11412/), 2019-05-28: "新光電気も18年度から着手しているFC基板の生産体制強化に向けた設備投資金額を増額する。18年度から21年度までの4カ年で540億円を投じ、FC基板の生産能力を約4割増強する。"

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