Fujifilm Holdings has announced plans to invest ¥100 billion (approximately $640.5 million) by March 2027 to expand its global production capacity for semiconductor materials. The investment, which doubles the company’s spending over the past three years, is aimed at addressing rising demand fueled by new semiconductor fabrication plants in the United States, Japan, and South Korea.
The company plans to enhance production at existing facilities near major clients, including new projects in Japan and South Korea. In Japan, Fujifilm is building a facility in Shizuoka with an investment of ¥13 billion ($83.27 million). In South Korea, upgrades at its Pyeongtaek facility are expected to come online by autumn, while the Cheonan plant will increase production capacity for abrasive agents by 30% when mass production begins in 2027.
Fujifilm is also exploring opportunities in India, with plans to potentially partner with local companies or establish joint ventures to enter the country’s growing semiconductor market. The company has indicated it may consider building its own facilities in India after fiscal 2027, depending on market activity.
Fujifilm ranks among the top five global producers of photosensitive semiconductor materials and is one of only five manufacturers of ultra-pure photoresists for extreme ultraviolet (EUV) lithography. These materials, critical for advanced semiconductor manufacturing, must meet stringent requirements for sensitivity, resolution, and compatibility with photomask materials.
In line with its expansion plans, Fujifilm aims to double its semiconductor materials sales to ¥500 billion ($3.2 billion) by fiscal 2030, up from its projected fiscal 2024 levels. This growth strategy aligns with broader trends in the semiconductor materials market, which is expected to grow by 35% to $58.3 billion by 2029, according to data from Fuji Keizai.
Fujifilm’s investment reflects the ongoing shift toward onshore production by major chipmakers such as Intel, TSMC, Samsung, and SK Hynix, which are building advanced facilities across key regions. The expansion positions the company to meet the increasing demand for materials used in manufacturing high-performance processors for artificial intelligence and high-performance computing applications.
The announcement highlights Fujifilm’s strategic approach to supporting the semiconductor supply chain as global demand for advanced manufacturing technologies continues to grow.