Fujifilm Corporation is taking steps to further expand its Electronic Materials business with a staggering investment of approximately ¥6bn ($41m) in its Kumamoto site. The Japanese company aims to install a production facility for colour filter materials used in image sensors at its Kyushu site of its manufacturing subsidiary, Fujifilm Material Manufacturing.
Image sensors play a crucial role in converting light into electrical signals for visual display and are widely used in digital cameras, smartphones, and various other electronic devices. With the recent surge in demand driven by the expansion of applications in automobiles and security devices, the establishment of new plants that support image sensor manufacturing has become even more critical.
Fujifilm’s Kyushu-based production site is expected to become operational in the spring of 2025, adding to the company’s existing colour filter materials production facilities in Shizuoka, Japan, Hsinchu, Taiwan, and the upcoming site in Pyeongtaek, South Korea.
The process of converting light into electrical signals involves various steps that rely on the properties of semiconductors to capture and convert light with high precision. Recognizing the importance of offering stable production and distribution of high-quality colour filter materials for image sensors, Fujifilm plans to establish a global production structure with four different sites and expand its sales through the rapid introduction of new products.
This investment news from Fujifilm comes on the heels of its recent acquisition of the semiconductor high-purity process chemicals (HPPC) business from US semiconductor materials manufacturer Entegris. This acquisition aligns with Fujifilm’s ambitious goal of achieving ¥500bn ($3.4bn) in revenues in the global electronic materials business by the year 2030.
In other industry news, the semiconductor materials market is projected to experience significant growth in 2024. Despite a contraction of 3.3% in 2023 due to a slowdown in the semiconductor industry, the market is expected to rebound with almost 7% growth, reaching a value of approximately $74bn. Furthermore, the total semiconductor materials market is projected to exhibit a compound annual growth rate (CAGR) of over 5% from 2023 to 2027, potentially reaching a market size of $87bn or more by 2027.
As the electronics sector continues to expand, with gases such as nitrogen trifluoride, xenon, and neon driving growth, industry experts are eagerly anticipating the upcoming European Specialty Gases Summit. This summit will address the latest trends in specialty gas markets, bringing together analysts, end-users, specialty gas producers, and innovators to shape the future of the industry.
To stay ahead of the curve and contribute to the ever-evolving electronics value chain, make sure to attend the European Specialty Gases Summit. For more information and registration, visit https://bit.ly/GWSPECGAS-S24.
FAQ Section:
1. What is Fujifilm Corporation investing in?
Fujifilm Corporation is investing approximately ¥6bn ($41m) in its Kumamoto site to install a production facility for color filter materials used in image sensors.
2. What is the purpose of the production facility?
The production facility aims to support the manufacturing of image sensors, which are used in digital cameras, smartphones, and other electronic devices.
3. When is Fujifilm’s Kyushu-based production site expected to become operational?
The site is expected to become operational in the spring of 2025.
4. Where are Fujifilm’s existing color filter materials production facilities located?
Fujifilm already has color filter materials production facilities in Shizuoka, Japan, Hsinchu, Taiwan, and a new site in Pyeongtaek, South Korea.
5. Why is stable production and distribution of color filter materials important?
Color filter materials are essential for converting light into electrical signals in image sensors. Offering stable production and distribution ensures high-quality image sensor manufacturing.
6. What was Fujifilm’s recent acquisition in the electronic materials business?
Fujifilm recently acquired the semiconductor high-purity process chemicals (HPPC) business from US semiconductor materials manufacturer Entegris.
7. What is Fujifilm’s revenue goal in the electronic materials business by 2030?
Fujifilm aims to achieve ¥500bn ($3.4bn) in revenues in the global electronic materials business by the year 2030.
Definitions:
– Image sensors: Devices that convert light into electrical signals for visual display, widely used in digital cameras, smartphones, and other electronic devices.
– Semiconductors: Materials that have electrical conductivity between insulators and conductors, commonly used in electronic components.
– Compound Annual Growth Rate (CAGR): The average rate of growth over a specified period.
– Rebound: A recovery or resurgence after a decline or setback in a market or industry.
Related Links:
– Fujifilm Official Website
– Entegris Official Website
– European Specialty Gases Summit
The source of the article is from the blog anexartiti.gr