Japanese Chipmaker Nittobo Shifts Strategy to Premium Niche Market

Nitto Boseki, a Japanese supplier of glass fabric for chipmaking, is shifting its strategy to focus on a premium niche market. Despite the AI boom, the company's CEO, Hiroyuki Tada, states they will not expand capacity at the same pace as the AI market. Instead, they will target high-end applications where their unique material is required. This strategic move aims to ensure the company's long-term sustainability in an increasingly competitive market.