Sumitomo Chemical Agrees to Acquire Taiwan’s Asia Union Electronic Chemical
Reuters
Nov 20
<a href="https://laohu8.com/S/SOMMF">Sumitomo Chemical</a> Agrees to Acquire Taiwan's Asia Union Electronic Chemical
Sumitomo Chemical has reached a definitive agreement to acquire 100% of the shares of Asia Union Electronic Chemical Corporation (AUECC), a Taiwanese company specializing in semiconductor process chemicals. This move will give Sumitomo Chemical its first manufacturing base for semiconductor process chemicals in Taiwan and a second base in the United States. The integration of AUECC's sales and procurement networks, diverse product offerings, and flexible packaging capabilities is expected to enhance Sumitomo Chemical's global supply network and strengthen its position as a comprehensive solutions provider for the semiconductor industry. The acquisition supports Sumitomo Chemical's strategic goal of expanding its presence in the semiconductor materials sector and aims to double its FY2024 sales by FY2030.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sumitomo Chemical Co. Ltd. published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.