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Japan-based PCB maker Ibiden Co. Ltd is investing around 70 billion yen ($617.45 million) between 2019 and 2021 in new production facilities to increase its production capacity for IC substrates by 50%. The planned expansion is in line with the growing semiconductor demand driven by new markets such as the internet of things (IoT) and artificial intelligence (AI), as well as automotive electronics devices and high-speed and high-capacity servers.
The new facilities will be located at Ibiden's Second Building at the Ogaki Central Plant, and at the Ogaki Plant, in Ogaki City, Gifu Prefecture. The facilities are expected to come online in 2019, and start commercial production in 2020.