Axcelis Technologies, Inc. (Nasdaq: ACLS), a supplier of enabling ion implantation solutions for the semiconductor industry, today announced that it will officially break ground on its new ion implantation equipment manufacturing facility in Pyeongtaek, Gyeonggi Province, Korea. This $35 million investment reflects Axcelis’ continued commitment to strengthening its high-volume manufacturing infrastructure and expanding its capacity to serve customers around the world. The Pyeongtaek site will expand Axcelis’ current manufacturing operations in Korea, the Axcelis Asia Operations Center. The new facility will encompass approximately 200,000 square feet of total gross floor area. The manufacturing center’s design will provide a lean production environment that integrates learnings from the Company’s nearly 50 years of semiconductor capital equipment experience. The Pyeongtaek facility will include warehousing, cleanrooms, and a training center to enable fast and flexible responses to customers’ needs. Production at the new manufacturing facility is scheduled to commence in the second half of 2028. President and CEO Russell Low commented, “We are proud to celebrate this pivotal moment for Axcelis and the next chapter of our growth in Korea. As the global economy enters the AI era, leadership in advanced semiconductors will be a cornerstone of technological progress and economic growth. This new facility will expand our ability to serve customers while building on the ingenuity of our people, whose work helps enable breakthrough technologies and a more sustainable, prosperous future for all.” Governor of Gyeonggi Province Choo Mi Ae stated, “I would like to extend my sincere congratulations on the groundbreaking of Axcelis Korea’s Pyeongtaek facility. Axcelis’ investment in advanced semiconductor process equipment represents a significant milestone in strengthening the position of Gyeonggi Province and Pyeongtaek City as global hubs for the semiconductor industry. In particular, we expect this project to contribute greatly not only to the creation of high-quality jobs and the revitalization of the local economy, but also to enhance the competitiveness of the world’s leading semiconductor ecosystem. Gyeonggi Province will continue to foster a business-friendly environment and provide efficient administrative support to help Axcelis achieve sustainable growth and long-term success in Korea. Once again, congratulations on this groundbreaking ceremony. I wish Axcelis every success in its business expansion and continued prosperity in the years ahead.” The post Axcelis to Begin Construction of New Manufacturing Facility in Pyeongtaek, Korea appeared first on Semiconductor Digest .