Ajinomoto May Build New Factory for Crucial Film Used in Electronic Chips
- Demand for chips and related materials boosting demand, shares
- Japanese company popularized MSG, sells food products
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Ajinomoto Co., better known for its seasonings, oils and food products, may add a new manufacturing base to produce more of a specialized material used for semiconductors, Chief Executive Officer Taro Fujie said.
The Japanese company may invest more than its planned ¥25 billion ($186 million) if necessary, and will make a decision on any new factory within a few years, Fujie said in an interview. Ajinomoto Build-Up Film, which helps to connect chips to circuit boards, was developed in the 1970s using the food company’s expertise in resins and amino-acid-chemistry.