# ADchips invests 12 billion won in new facility

ADchips (에이디칩스) decided to invest 12 billion won (KRW) in new facility investment for productivity improvement. The investment will be used for site development costs for a new factory on already acquired land.

- Type: Investment
- Announced: 2020-04-01
- Where: South Korea
- Value: $10.0M (12.0B KRW)
- Status: announced
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ADchips](https://endata.com/companies/46263.md)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1878506), 2020-04-01: "에이디칩스는 생산성 향상을 위해 120억 원 신규시설 투자를 결정했다고 1일 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.