# Okmetic to build nearly €400M silicon wafer fab in Vantaa, Finland

Okmetic will build a new production facility next to its current fab in Vantaa, Finland, with an investment of nearly €400 million. The fab will more than double production capacity and create over 500 jobs. Construction will start in early 2023 and production is planned for 2025.

- Type: New facility
- Announced: 2022-05-10
- Where: Vantaa, Finland
- Value: $420.0M (400.0M EUR)
- Jobs: 500
- Starts operating: 2025
- Status: announced
- Capacity: over 40,000 m² facility, clean room area ~6,000 m²
- Products: advanced customized silicon wafers for MEMS, sensor, RF and power devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Okmetic](https://endata.com/companies/23209.md)
- [National Silicon Industry Group](https://endata.com/companies/23351.md) (investor)
- [NSIG](https://endata.com/companies/62770.md) (investor)

## Sources

- [okmetic.com](https://www.okmetic.com/about-us/news-articles/silicon-wafer-manufacturer-okmetic-invests-nearly-400-million-euros-to-build-a-new-fab-in-finland-with-aims-to-more-than-double-the-production-capacity-and-business/), 2022-05-10: "The new fab will strengthen the company’s position in the market and lay the foundation for the future development of our business."
- [reuters.com](https://www.reuters.com/technology/chinese-nsigs-finnish-unit-build-422-mln-silicon-wafer-plant-2022-05-10/), 2022-05-10: "Chinese semiconductor maker National Silicon Industry Group via Finnish subsidiary Okmetic will invest nearly 400 million euros to build a silicon wafer production facility in Finland."
- [electrooptics.com](https://www.electrooptics.com/news/okmetic-double-silicon-wafer-capacity-400m-facility-finland), 2022-05-13: "The investment will allow Okmetic to better respond to increasing silicon wafer demand during a component shortage across the semiconductor supply chain."

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