Written By Japanese food and chemical company Ajinomoto Co. has announced plans to build a new factory in Japan, citing the need for more production capacity to meet growing demand for a crucial electronic chip film used in various consumer electronic products.
The chip film, known as PI film, is used in products such as smartphones, tablets, and other electronic devices to protect and insulate delicate electronic components. The demand for PI film has surged in recent years as consumers increasingly rely on electronic devices for both personal and professional use.
Ajinomoto’s decision to invest in a new factory underscores the importance of PI film in the electronics industry and the company’s commitment to meeting the growing demand for this crucial component.
According to the company, the new factory will be located in Iwakuni City, Yamaguchi Prefecture, and will have an annual production capacity of approximately 1,500 tons of PI film. The factory is expected to begin operations in 2024 and will create around 100 new jobs.
Ajinomoto’s decision to build a new factory comes at a time when the global electronics industry is facing significant supply chain disruptions and shortages due to the ongoing COVID-19 pandemic. The pandemic has resulted in disruptions to global shipping and manufacturing operations, leading to shortages of electronic components such as semiconductors and PI film.
By investing in a new factory, Ajinomoto is not only addressing the current demand for PI film but also positioning itself to take advantage of future growth opportunities in the electronics industry. The company’s decision to invest in a new factory is a testament to its long-term vision and commitment to innovation and growth.
Ajinomoto’s move is also significant in the context of the Japanese government’s efforts to revitalize the country’s manufacturing sector. Japan has traditionally been a leader in manufacturing, but in recent years, the country has faced increasing competition from other countries such as China and South Korea.
The Japanese government has launched a number of initiatives aimed at promoting innovation and growth in the manufacturing sector, including tax incentives and subsidies for companies investing in new technologies and facilities.
Ajinomoto’s decision to build a new factory in Japan is a positive sign for the country’s manufacturing sector and demonstrates the potential for growth and innovation in this important industry.
In conclusion, Ajinomoto’s decision to invest in a new factory to meet the growing demand for PI film is a significant development for the electronics industry and the manufacturing sector as a whole. By investing in a new facility, Ajinomoto is positioning itself to take advantage of future growth opportunities in the electronics industry and contributing to the revitalization of Japan’s manufacturing sector.
