# Shinko Electric Industries to start new plant in Chikuma in H2 FY2024

Shinko Electric Industries announced on May 19, 2022, that its new plant in Chikuma, Nagano Prefecture, will start operations in the second half of fiscal year 2024. The plant will produce flip-chip packages for semiconductors, with investment of 140 billion yen for 2022-2025, increasing capacity by 50%.

- Type: New facility
- Announced: 2022-05-19
- Where: Chikuma, Nagano Prefecture, Japan
- Value: $1.08B (140.0B JPY)
- Starts operating: Q4 2024
- Status: announced
- Capacity: 50% increase in production capacity
- Products: flip-chip packages for semiconductors
- 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-denki/), 2022-05-20: "新光電気工業株式会社は、2022年5月19日（木）に自社HPにて、長野県千曲市に建設する新工場について2024年度下期に稼働すると発表した。"

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