Merck KGaA have signed a contract to open a semiconductor base in the Chinese city of Zhangjiagang. This is their largest single electronics business investment in the country. The new 69-acre base will house production plants for thin film materials and electronic specialty gasses, warehouses, and operation centers.
Merck China President Allan Gabor stated that China is the largest end market for semiconductors. They are currently also the fastest growing semiconductor manufacturing market worldwide. There is unprecedented capacity investment and expansion of domestic chip manufacturers. It is noted to be believed that this is just the beginning of the golden era for China’s semiconductor industry.
Merck said that it will invest another one billion yuan in China by 2025 for supporting the chip industry. In that, 550 million yuan will go towards the new Zhangjiagang base, which is a county-level city under the administration of Suzhou city.
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