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Sumitomo Bakelite will invest 3.3 billion yen to build a new plant in Taiwan to double production capacity of semiconductor encapsulation materials, starting production in early 2023.
“住友ベークライトは2023年にも台湾で半導体封止材の生産能力を倍増する。33億円を投じて新工場を建設する。”nikkei.com
Summarized from public sources; check the original articles before acting on it.