SUMITOMO CHEMICAL extends gains after developing LCP filament for 3D printers
SUMITOMO CHEMICAL COMPANY, LIMITED <4005> extended gains in afternoon trading after announcing today that it jointly developed liquid crystal polymer (LCP) filament and molding technology for 3D printers (FFF method: a technique that melts thermoplastic resin and extrudes it through a nozzle to build layers) in collaboration with Gutenberg Co. (Ota-ku, Tokyo). The company plans to deploy the technology broadly, including as functional components contributing to advances in semiconductors and physical AI, fueling buying interest.
SUMITOMO CHEMICAL shares were also supported by the previous day's announcement that the company established mass production capabilities for 4-inch indium phosphide (InP) epitaxial wafers, a compound semiconductor, and commenced sales. The company aims to apply the technology toward the commercial application of optical-electrical convergence technologies that underpin next-generation digital infrastructure, targeting sales of about 10 billion yen from its InP epitaxial wafer product lineup by the mid-2030s.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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