Air Liquide to Invest Close to $200 Million in Taiwan and South Korea Factories
Provided by
Dow Jones
By David Sachs
Air Liquide said Friday that it is investing close to $200 million in two factories for semiconductor materials in Taiwan and South Korea.
The French semiconductor manufacturer said the sites localize production of advanced materials for microchips closer to its customers, and that the decision reflects key commitments from clients.
Production in Taiwan is scheduled to begin in 2024 and production in South Korea is slated for 2025, Air Liquide said.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
July 21, 2023 03:12 ET (07:12 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits
-
Novo Nordisk Earnings: Raised Fair Value Estimate Still a Contrast to Market Overenthusiasm
-
After Earnings, Is Verizon Stock a Buy, a Sell, or Fairly Valued?
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
How to Invest Like Warren Buffett
-
Cognizant Earnings: Improved Profitability Buttresses Results as Customer Spending Remains Muted
-
10 Top-Performing Dividend Stocks of the Month