Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Tri Chemical Laboratories Inc. ( (JP:4369) ).
Tri Chemical Laboratories Inc. has announced the establishment of a joint venture with Hefei ADChem Semi-Tech. Co., Ltd. in China to produce and sell semiconductor materials, particularly high-purity precursors. This move aims to capitalize on the rapidly growing Chinese semiconductor market and promote local sourcing of materials. The joint venture, named AD-Trichem (Anhui) Electronic Materials Co., Ltd., will be based in Hefei, Anhui Province, with plant construction starting in the first half of 2026. The collaboration is expected to have minimal impact on the company’s performance for the current fiscal year.
The most recent analyst rating on (JP:4369) stock is a Buy with a Yen3740.00 price target. To see the full list of analyst forecasts on Tri Chemical Laboratories Inc. stock, see the JP:4369 Stock Forecast page.
More about Tri Chemical Laboratories Inc.
Tri Chemical Laboratories Inc. operates in the chemical industry, focusing on the development, manufacturing, and sale of high-purity chemical materials for advanced semiconductors and other applications.
Average Trading Volume: 407,411
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen109.2B
See more data about 4369 stock on TipRanks’ Stock Analysis page.