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Mitsui Chemicals to Double Taiwan Output of Chipmaking Material

Mitsui Chemicals to Double Taiwan Output of Chipmaking Material (Nikkei Asia) Mitsui Chemicals will spend nearly $91.5 million to ramp up production in Taiwan of a special tape used in semiconductor manufacturing as demand grows from the spread of smartphones and the Internet of Things. Mitsui Chemicals will update its factory in the city of Kaohsiung to bring new equipment online in 2023. Annual capacity there for the tape, used on silicon wafers to protect against damage or contamination during the back-grinding process, will double to 7.6 million sq. meters. Mitsui Chemicals also makes the tape in the Japanese city of Nagoya and says it is the world s top producer, commanding a roughly 40% share of the global market.

Global semiconductor industry in 2021 to grow by 19% y/y amid pandemic

Small Cost, Big Return: VanEck s SMH ETF Up Over 60%

ETF investors don’t have to sacrifice performance for low cost. The VanEck Vectors Semiconductor ETF (SMH) is up over 60% within the past year with just a 0.35% expense ratio. With a categorical average of 0.51%, SMH’s expense ratio comes in at 12 basis points lower. For that low cost of entry, ETF investors have snagged a top performer over the last 12 months: SMH seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Listed Semiconductor 25 Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index.

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