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5N Plus to increase AZUR’s production capacity by 30% over 2023–2024

What happened

5N Plus subsidiary AZUR SPACE will increase its production capacity by 30% through 2023-2024 to fulfill previously announced contracts. This expansion addresses growing demand for specialty materials used in space and terrestrial solar applications. 利空: The increased supply of key semiconductor materials could ease procurement pressure and exert downward pressure on prices for related components.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

Solar CellsSemiconductor Materials
5N Plus Inc.AZUR SPACE Solar Power GmbH
capacity-expansionsupply-increasecontract-fulfillment

Source and time

Source: Semiconductor Today · 4/26/2023 · View original source

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