Axcelis to Begin Construction of New Manufacturing Facility in Pyeongtaek, Korea

Russell Low, President and CEO of Axcelis Technologies

“We are proud to celebrate this pivotal moment for Axcelis and the next chapter of our growth in Korea. As the global economy enters the AI era, leadership in advanced semiconductors will be a cornerstone of technological progress and economic growth. This new facility will expand our ability to serve customers while building on the ingenuity of our people, whose work helps enable breakthrough technologies and a more sustainable, prosperous future for all.”

Choo Mi Ae, Governor of Gyeonggi Province

“I would like to extend my sincere congratulations on the groundbreaking of Axcelis Korea's Pyeongtaek facility. Axcelis' investment in advanced semiconductor process equipment represents a significant milestone in strengthening the position of Gyeonggi Province and Pyeongtaek City as global hubs for the semiconductor industry. In particular, we expect this project to contribute greatly not only to the creation of high-quality jobs and the revitalization of the local economy, but also to enhance the competitiveness of the world's leading semiconductor ecosystem. Gyeonggi Province will continue to foster a business-friendly environment and provide efficient administrative support to help Axcelis achieve sustainable growth and long-term success in Korea. Once again, congratulations on this groundbreaking ceremony. I wish Axcelis every success in its business expansion and continued prosperity in the years ahead.”