Doosan Corp. bets $700 mil. on chip substrate material biz
Doosan Corp., the holding company of Doosan Group which also operates an electromaterials business, will invest 970 billion won ($702.6 million) to expand its production capacity for copper clad laminates (CCLs), a key material for advanced semiconductor substrates. Doosan Corp. said in a regulatory filing Thursday that its board approved investment to expand the domestic and overseas production…
Doosan Corp., the holding company of the Doosan Group, is investing $702.6 million into expanding its production capacity for copper clad laminates (CCLs). These materials are crucial for advanced semiconductor substrates and printed circuit boards (PCBs) used in virtually all electronic devices. The company's board approved the investment on Thursday, allowing for the expansion of both domestic and overseas production.
Doosan Corp. plans to increase its production capacity by December 31 of the following year, with the total investment representing 8 percent of its equity capital. This is the largest investment in Doosan Corp.'s history. CCLs are a key material in the semiconductor industry, and the market for this material has remained strong in recent months due to high demand and limited supply in the broader semiconductor value chain.
Doosan Corp. will allocate 420 billion won specifically to expand its domestic production lines for CCLs used in optical transceivers.
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- Doosan Corp. bets $700 mil. on chip substrate material biz koreatimes.co.kr
