# Furukawa Electric invests $54M to build new semiconductor tape factory at Mie Works

Furukawa Electric will invest about JPY 7.0 billion to build a new factory at its Mie Works in Japan to increase production capacity of tape for semiconductor processes, with operations planned to start in April 2025.

- Type: Expansion
- Announced: 2022-05-17
- Where: Mie Works, Japan, Japan
- Value: $54.0M (7.00B JPY)
- Starts operating: Apr 2025
- Status: announced
- Products: back-grinding tape, dicing tape, dicing die attach film
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Furukawa Electric](https://endata.com/companies/17643.md)

## Sources

- [furukawaelectric.com](https://www.furukawaelectric.com/en/release/2022/fun_20220517.html), 2022-05-17: "Furukawa Electric Co., Ltd. will respond to the growing semiconductor demand by investing about JPY 7.0 billion to increase the production capacity at the Mie Works with planned operations starting from April 2025 in order to ensure the stable supply of tape for Semiconductor Process."

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