TSE:6728Semiconductor
Does ULVAC’s Japan Furnace Expansion For Non‑China Magnets Change The Bull Case For ULVAC (TSE:6728)?
Earlier in 2026, ULVAC reported that orders for its continuous vacuum melting furnaces for rare-earth magnets are expected to roughly triple year on year, driven mainly by magnet manufacturers in Europe and North America building supply chains outside China.
To capture this shift and reduce supply risk, ULVAC is adding a new production system in Japan, creating a dual-site furnace supply structure alongside its existing Chinese facility and placing itself at the center of emerging rare-earth...