Sumitomo Chemical Acquires Taiwanese Semiconductor Process Chemicals Firm AUECC
Sumitomo Chemical has agreed to acquire 100% of Asia Union Electronic Chemical Corporation (AUECC), a leading Taiwanese semiconductor process chemicals manufacturer. This strategic acquisition will expand Sumitomo's global footprint, establishing new manufacturing bases in Taiwan and the US, and strengthening its position in the rapidly growing semiconductor industry. The deal aims to enhance supply chains and leverage combined technological expertise, supporting Sumitomo's goal of significant sales growth in semiconductor materials by 2030, and ensuring a stable supply of high-quality products globally.
Sumitomo Chemical has announced a definitive agreement to acquire 100% of Asia Union Electronic Chemical Corporation (AUECC), a prominent Taiwanese manufacturer of semiconductor process chemicals. This acquisition is a strategic move to significantly expand Sumitomo Chemical’s global presence, establishing its first semiconductor process chemicals manufacturing base in Taiwan and a second facility in the United States, complementing its existing Texas site. The deal, pending regulatory approvals, underscores Sumitomo's commitment to the burgeoning semiconductor industry.The global semiconductor market is experiencing sustained growth, fueled by trends in IoT, generative AI, and data centers. This demand necessitates ultra-high-purity cleaning and drying chemicals, often at parts-per-trillion levels, requiring advanced manufacturing and stringent quality control. Sumitomo Chemical, already a leader in this field, has been making substantial capital investments and pursuing strategic acquisitions to maintain its competitive edge and meet future demand.AUECC, founded in 1998, specializes in developing and manufacturing semiconductor process chemicals, operating production sites in Kaohsiung, Taiwan, and Nevada, USA. The company is recognized for its robust product lineup, stringent quality management, and comprehensive supply solutions, having earned the trust of major semiconductor manufacturers.By integrating AUECC’s extensive sales and procurement networks and combining technological strengths, Sumitomo Chemical plans to enhance its global supply chain, improve production efficiency, and elevate product quality and customer value. This acquisition reinforces Sumitomo Chemical Group’s strategy to position semiconductor materials as a key growth engine, supporting its ambitious target of doubling FY2024 sales by FY2030. The company aims to ensure a stable supply of high-quality products to global chipmakers, thereby contributing to a smarter, more connected society.
