Canon plans ¥50 billion plant in Tochigi to produce more chipmaking equipment

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Canon will spend more than ¥50 billion ($350 million) to build a plant in Tochigi Prefecture, to expand production of its current lithography machines used for chipmaking.

Construction will begin in Utsunomiya in 2023 and the plant will begin operations in 2025, Canon spokesman Hiroki Kobayashi said by phone Wednesday. The company may also use the facility to produce next-generation chipmaking equipment — around a technique it calls Nanoimprint — but it hasn’t yet made a final decision as that technology is still under development, Kobayashi said.

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