RS Technologies Boosts Wafer Production Amidst Market Growth
Company Announcements

RS Technologies Boosts Wafer Production Amidst Market Growth

RS Technologies Co. Ltd. (JP:3445) has released an update.

RS Technologies Co., Ltd. has announced a significant capital investment in their Sanbongi Plant to boost production capacity in response to the growing semiconductor market. The investment will reactivate Plant 7, previously discontinued, with new facilities and equipment to start mass production from FY2027. The company expects this move to increase their market share in the global reclaimed wafers market, though it will not impact FY2024’s financial results.

For further insights into JP:3445 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App