Applied Materials (Nasdaq: AMAT) held a groundbreaking for an expansion project of its Tainan Manufacturing Center yesterday. The expansion, with a total investment estimated at around $17 million, will increase the company’s ability to meet the demand for both its AKT flat panel display equipment and SunFab(TM) Thin Film Solar manufacturing equipment.
The new facility is expected to be completed by the middle of next year.
"This year’s strong demand for flat panel equipment and the added requirements to support our fast growing SunFab business in Asia have created a need to increase our capability in Asia," said Gilad Almogy, group vice president and general manager of Applied Materials’ Display and Thin Film Solar Products Group. "Having greater manufacturing and supply chain capabilities close to our customers will enable a faster response and provide additional value to customers."
The Applied Materials Tainan Manufacturing Center will supplement existing operations for display and solar in the United States and Germany. The expansion will add 7,200 square meters of new production area, bringing the total manufacturing area in Tainan to 14,000 square meters. When complete, the campus will have about 150 employees.
About Applied Materials
Applied Materials, Inc. (Nasdaq:AMAT) is a leader in Nanomanufacturing TechnologyTM solutions with a broad portfolio of innovative equipment, services and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass.
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