Axcelis Breaks Ground on $35M Semiconductor Facility in South Korea

Axcelis Technologies has commenced construction on a $35 million ion implantation facility in Pyeongtaek, South Korea, adjacent to Samsung’s massive semiconductor complex. The 200,000-square-foot site will enhance local manufacturing capabilities and target production by late 2028. This strategic move positions Axcelis to capitalize on the booming South Korean semiconductor market amid significant investments from major players like Samsung and SK hynix.