Fujifilm Holdings Corp. plans to expand its semiconductor materials operations to India as part of a broader strategy to strengthen its position in the global electronics supply chain. The company said establishing a production base in India will support demand for advanced materials used in logic, memory and packaging technologies.
The global semiconductor market is projected to grow at an annual rate of around nine percent and reach approximately USD 1 trillion by 2030. Fujifilm is focusing its investments on semiconductor materials and contract development and manufacturing for biopharmaceuticals, which it considers its two strongest growth areas. Within materials, the company is prioritising chemical mechanical polishing slurries, including newly developed formulations for hybrid bonding used in back end processes, which have already been adopted by major semiconductor manufacturers.
In an interview with Bloomberg TV, Fujifilm President and Chief Executive Teiichi Goto said the company has finalised its decision to build a semiconductor materials plant in India and is preparing detailed plans. He said the initiative includes collaboration with local chemical material manufacturers to source inputs, convert them into products and supply them to Indian semiconductor companies. The company expects India to play an increasingly important role as a production hub for surrounding regions.
Goto said the development of a domestic supply chain in India for materials such as resist, process chemicals and slurries aligns with Fujifilm’s ability to provide an integrated, one stop solution across semiconductor manufacturing processes. He added that the scale of India’s market, combined with demand growth in Africa, the Middle East and East Asia, could support long term expansion of materials produced in the country.
Fujifilm Holdings Corp. is a Japan-based multinational operating across imaging systems, healthcare technologies and advanced materials, including products for the semiconductor and biopharmaceutical industries.
