Materion Expands Semiconductor Footprint and Capabilities in Asia Through Key Acquisition
Summary
This strategic investment expands Materion’s global footprint with a facility in Asia to better serve semiconductor customers in that region. The transaction includes a newly constructed, state-of-the-art facility with specialized equipment used to produce fully finished tantalum sputtering targets. This acquisition strengthens Materion’s position as a leading supplier of tantalum targets, increasing capacity to supply high growth critical deposition materials used in leading-edge semiconductor chips, including those used in high-performance computing and artificial intelligence applications. “Materion has been a strategic partner to the global semiconductor industry for nearly four decades,” said Jugal Vijayvargiya, President and Chief Executive Officer. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward.