Furukawa Electric Co., Ltd. (Head office located at 2-6-4 Otemachi, Chiyoda-ku, Tokyo, and President - Keiichi Kobayashi) 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.
Furukawa Electric manufactures and sells adhesive tape and removable tape (back-grinding tape, dicing tape, etc.), used during the semiconductor manufacturing process.
Increased production capacity of tape
In response to the increased diversity of semiconductor devices and evolution of semiconductor performance and manufacturing processes, Furukawa Electric Co., Ltd. have continued to provide products in which the polymer technology, one of their core technologies, is applied.
Along with the recent increase in demand for IoT, autonomous driving and 5G, and the changes to daily lifestyles, brought on by the COVID-19 pandemic, there is expected to be long-term growth in the demand for semiconductors and further advances in semiconductor performance.
In response to this growing demand in the future and in order to continue stably supplying high quality products, the company has decided to invest in increasing production capacity at the Mie Works.
Details of investment
The new factory will use solar power and energy-efficient equipment to reduce the environmental impact
Through this investment, Furukawa Electric Co., Ltd. will not only secure sufficient supply capacity for responding to the demand growth, but also supply products with even higher performance and quality, through the installation of the newest available equipment, which allows us to satisfy customer expectations.
Also, the new factory will use solar power and energy-efficient equipment to reduce the environmental impact, during such production processes. The company will continue to provide a broad range of solutions for semiconductor manufacturing and contribute to increasing the resiliency of infrastructure that supports the changes in society.
Furukawa Electric Group Vision 2030
Based on the ‘Sustainable Development Goals (SDGs)’ adopted by the United Nations (UN), Furukawa Electric Group has formulated the ‘Furukawa Electric Group Vision 2030’, which sets the year 2030 as its target and is advancing efforts with the aim to ‘Build a sustainable world and make people’s life safe, peaceful and rewarding’.
Furukawa Electric Group will create solutions for the new generation of global infrastructure, combining information, energy and mobility. Toward the achievement of their Vision 2030, the company will take open, agile, and innovative approaches to promote ESG management that aims to increase corporate value, over the medium to long term, and will contribute to the achievement of the SDGs.
