Shimadzu rises to positive territory in afternoon session on new turbo molecular pump production line for semiconductor industry in China
Shimadzu Corporation <7701> shares turned positive in Tuesday's afternoon session. Shimadzu announced Tuesday that it has established a new production line for turbo molecular pumps?used in semiconductor manufacturing and coating equipment?at its Chinese subsidiary Tianjin Shimadzu Hydraulics, supporting the stock. The move aims to boost supply capacity for customers in China. Capital expenditure totals approximately 300 million yen, with annual production expected to reach 2,000 units for the time being.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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