# Shinko Electric Industries to build new semiconductor plant in Chikuma

Shinko Electric Industries will build a new production facility in Chikuma City, Nagano Prefecture, to increase flip-chip package production capacity by about 50%. Investment is ¥140 billion, with construction starting in 2022 and operations beginning in fiscal 2024.

- Type: New facility
- Announced: 2021-10-08
- Where: Chikuma City, Nagano Prefecture, Japan
- Value: $1.23B (140.0B JPY)
- Starts operating: 2024
- Status: announced
- Capacity: 50% increase in flip-chip package production capacity
- Products: flip-chip type semiconductor packages
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [oikiai-plus.jp](https://oikiai-plus.jp/shinko-newfactory-chikuma/), 2021-10-08: "新光電気工業（長野市）は、今後の半導体需要における需要拡大に対応するため、千曲市に生産拠点を新設することを決定した。"

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