ROUND ROCK, Texas, Aug. 10, 2016 /PRNewswire/ -- Toppan Photomasks, Inc. (TPI), the world's preferred global partner for photomasks, announced today the approval of the next phase of investment for its recently expanded factory in Shanghai, China operated under Toppan Photomasks Company Limited, Shanghai (TPCS), a wholly-owned subsidiary. TPI's new US$80 million investment in this factory further demonstrates Toppan's long-term commitment to its customers in China's rapidly growing semiconductor industry. This comes after the company's previous US$20 million investment in the expansion of TPCS Shanghai II, which is now operational and ramping as the only available commercial mask shop with a full range of technology product offerings in China.
"TPI's Shanghai factory provides our mainland China customers a two-day cycle time advantage over other suppliers, thereby speeding their time to market. Today's announcement builds upon that speed and cycle time advantage while extending TPI's capability down to the 28-nm node for both photomask production and wafer fab services support," said Mike Hadsell, chief executive officer for TPI. "Our factory capability will be further extended down to the 14-nm node to meet the requirements of this quickly evolving market. In addition, our facility has sufficient expansion space to support our customers' growth over the next decade and beyond."
The recent expansion of the Shanghai facility, a sub-class 1 clean room located in a new manufacturing facility adjacent to the company's existing operation, was constructed to allow for phased growth. The next phase of technology focus will be on 65-nm to 14-nm logic and advanced memory (DRAM and NAND) design features using industry standard equipment for proven capability and reliable supply. Upon completion of today's announced project, 40 percent of the clean room space will remain available for future expansion.
About Toppan Photomasks
Toppan Photomasks, Inc. is a wholly owned subsidiary of Toppan Printing Co., Ltd. a diversified global company with revenue in excess of US$13 billion in calendar 2015. Toppan Photomasks is part of the Toppan Group of photomask companies. As the world's premier photomask provider, the Toppan Group operates the industry's most advanced and largest network of manufacturing facilities and offers a comprehensive range of photomask technologies and research and development capabilities to meet the increasingly sophisticated and divergent product-and service requirements of the global semiconductor industry. Toppan Photomasks is headquartered in Round Rock, Texas. For more information, visit www.photomask.com.
About Toppan Printing's Photomask Business
Toppan Printing is the world's premier photomask manufacturer. The company supports the global semiconductor industry, from the initial launch of the semiconductor manufacturing process through commercial production, by providing state-of-the-art photomask technology. Toppan is the only global photomask manufacturer providing the highest quality products in a timely manner to customers across Japan, the United States, Europe and Asia. For more information, visit www.toppan.co.jp.
SOURCE Toppan Photomasks, Inc.