Entegris Inc Commits $700 Million to Research and Development
Entegris Inc has announced a significant investment in research and development, allocating $700 million over several years to accelerate semiconductor innovation.
Investment Objectives
The investment is aimed at transforming the company’s manufacturing capabilities and maintaining a competitive edge in the semiconductor industry.
Investment Allocation
The $700 million investment will be directed towards two main divisions:
- Materials Solutions
- Advanced Purity Solutions
A portion of the investment will also be allocated to developing a state-of-the-art U.S. Technology Center in Illinois.
Expected Outcomes
The strategic investment is expected to enhance the company’s product offerings and reduce time-to-market for its solutions.