Newly-developed rotary target bonding technology will be employed as part of a €30 million investment by Umicore to expand production of rotary sputtering targets needed for thin-film PV deposition processes. The capacity expansions are to take place at all three of Umicore’s existing target manufacturing facilities based in Providence, RI, Balzers, Europe and Hsinchu, Taiwan.
“Demand for large area sputtering targets is surging in the photovoltaic and display markets,” noted Marc Grynberg, Umicore’s CEO. “We are successfully introducing new rotary target technology as a replacement of earlier, less efficient target designs. The investments will cement Umicore's position as a key materials producer for thin film deposition in photovoltaic and display applications and are demonstrating our commitment towards our customers in the photovoltaic and display sectors.”
Umicore also highlighted that new test and development facilities would be established at its Balzers and Providence plants, which are intended to facilitate technological and strategic partnerships with selected equipment makers and producers, as well as support its customers in production line optimization and product development and testing.