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Tokyo Electron Limited (TEL) is investing 104 billion yen (approximately $728 million) to construct a state-of-the-art smart factory in Miyagi Prefecture, with an anticipated completion date set for summer 2027. By 2028, the new facility is projected to boost production capacity to 1.8 times its current level, with ambitions to eventually triple it in the foreseeable future. The core focus of this advanced manufacturing hub will be on plasma etching technology, leveraging artificial intelligence (AI) solutions to expedite equipment development and facilitate production automation. This strategic investment aims to meet the surging global demand for semiconductor equipment and narrow the competitive gap with industry leader Lam Research Corporation of the United States.
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