NNOX - Nano-X opens South Korean fabrication plant to produce semiconductor chips
Nano-X Imaging (NASDAQ:NNOX) has opened its new semiconductor chip fabrication plant in South Korea. The facility is operational, opened on schedule, and will be the main production site of Nanox micro-electro-mechanical systems known as Nanox.SOURCE. Company believes these acquisitions will enhance the services provided by the Nanox solution. Company expects to get to scale for production by mid-year 2022. “Establishing a manufacturing facility in Korea is a significant move for Nanox. This is a perfect synergy of Korean investment, Israeli innovation and Korean manufacturing" said Akiva Tor, Ambassador of Israel to the Republic of Korea.
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Nano-X opens South Korean fabrication plant to produce semiconductor chips