Honeywell Electronic Materials announced that it is expanding production capacity for 300mm sputtering targets and related metals as part of a long-term investment plan to support rebounding semiconductor industry growth.
Honeywell is increasing targets production capacity, as well as its internal capacity to produce the copper, cobalt, titanium, and tungsten raw materials used to make the targets. The expansion will allow Honeywell to meet growing demand for targets, which are used as the source of metal to make circuits in advanced semiconductors.
The semiconductor industry has been rebounding from a significant downturn and is expected to deliver more than 25 percent growth by the end of 2010. A number of leading semiconductor fabrication facilities have already announced forecasts for continued expansion in output in 2011.
For more information, read the press release.
