Sumitomo Chemical

Sumitomo Chemical is a Japanese multinational chemical company that produces a wide range of chemicals and materials, including solid-state battery materials for electric vehicles and chip packaging materials for semiconductors.

Why it’s in the news: It is in the news for expanding its production of chip packaging materials in China to meet the growing demand for AI semiconductors.

Latest on Sumitomo Chemical

• Sumitomo Chemical to mass-produce solid-state battery material for EVs
• Japanese giant expands China chip packaging materials output amid AI boom ↗
• Sumitomo Chemical will increase its chip packaging materials output in China by 30% starting October 2024.
• When the CTO signs off on a chip architecture that relies on a single geopolitical supplier — whose problem is that first?
• The expansion targets the rising demand for AI semiconductors in the Chinese market.

Connections

9 entities linked to Sumitomo Chemical across the news graph.