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Japan’s SUMCO to raise $1.1 bn from new shares to expand silicon wafer output – EQ Mag Pro

SUMCO is also considering adding production in Taiwan, which has the world’s biggest concentration of chip foundries, he added. TOKYO: Japan’s SUMCO Corp said on Thursday it would sell 128 billion yen ($1.14 billion) of new shares to fund an increase in silicon wafer production amid growing demand from chip makers struggling to keep up […]

Navratna stock jumps 7% after signing MoU with Govt. of Rajasthan for renewable energy projects – EQ