TOKYO — Fujifilm Holdings plans to invest 15 billion yen ($110 million) to increase production of a chip-polishing material in Taiwan, the company said Tuesday, responding to rising semiconductor demand from self-driving vehicles and 5G communication technologies.

The Japanese company will build a new plant and expand existing facilities owned by subsidiary Fujifilm Electronic Materials Taiwan to increase its production capacity of CMP slurry, a material used to polish and planarize the surface of chips, by 50%.

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