Original 2022-06-01 10:03 · Wall Street News
On May 31,
global technology giant Merck announced that it has officially signed a contract to settle in Zhangjiagang,
which is its largest single #investment in #china.
Merck plans to build a new #semiconductor integrated base in Zhangjiagang,
including a semiconductor material production base, #warehouse and operation center.
Merck’s large-scale investment is mainly to implement its “upward attack” China investment doubling plan proposed at the beginning of this year.
At the beginning of 2022,
Merck announced the “Upward Attack” China investment doubling plan.
It is expected to invest at least 1 billion yuan (about 130 million euros) in its electronic technology #business in China by 2025,
and the new investment will mainly serve China. chip #manufacturing.
Why did Merck choose to settle in Zhangjiagang?
In the global semiconductor manufacturing industry,
Merck is one of the #electronics materials suppliers with the broadest and most complete material product line.
This time, Merck selected the new base in the Yangtze River International #chemical Industrial Park in Zhangjiagang City,
Jiangsu Province, in order to provide comprehensive material solutions for local customers in China with a faster response speed.
The park covers an area of about 69 acres,
where Merck will build a mass production plant for semiconductor thin #filmmaterials and electronic specialty gases,
a chemical warehouse and an operation center.
Currently, Merck Electronics #technology operates three high-tech manufacturing plants in mainland China,
located in Shanghai Jinqiao, Shanghai Waigaoqiao and Jiangsu Suzhou.
Among them, the #construction of Merck’s Zhangjiagang base will further accelerate the electronic technology business to serve chip manufacturers,
and enhance Merck’s strategic layout in the Yangtze River Delta region.