# ASM breaks ground on $100M innovation and manufacturing center in Hwaseong

ASM International held a groundbreaking ceremony for a $100 million expansion of its innovation and manufacturing center in Hwaseong (Dongtan), South Korea. The investment will add R&D and manufacturing capacity, with completion expected by 2025.

- Type: Expansion
- Announced: 2023-05-23
- Where: Hwaseong (Dongtan), Gyeonggi Province, South Korea
- Value: $100.0M
- Starts operating: 2025
- Status: under construction
- Products: semiconductor equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ASM International](https://endata.com/companies/61599.md)

## Sources

- [live.euronext.com](https://live.euronext.com/en/products/equities/company-news/2023-05-23-asm-breaks-ground-new-state-art-innovation-and), 2023-05-23: "We couldn’t be happier that it’s taking place in Korea."

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