Merck Invests $582 Million in Taiwan Plant as Demand for AI Chip Materials Surges
German chemical giant Merck Group is pouring €500 million ($582 million) into a new semiconductor materials facility in Taiwan's Kaohsiung Lujhu District. The MOVE signals a strategic bet on Asia-Pacific's booming AI chip sector, with production slated to come online by 2026.
The plant aims to cover 80% of Taiwan's thin-film materials demand—a sharp increase from its current 54% market share. Merck's expansion strengthens a critical LINK in the semiconductor supply chain amid growing geopolitical tensions that threaten global material flows.
While production targets remain undisclosed, the facility is expected to create Ripple effects across Taiwan's tech ecosystem. Engineering firms, logistics providers, and specialty chemical suppliers stand to benefit as Merck scales its regional footprint.