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2021-12-07

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German chip chemical supplier to spend $1 bln in U.S., pairs with Palantir on supply chain data

Dec 7 (Reuters) - A German supplier of chemicals and materials used in making semiconductors said on

German chip chemical supplier to spend $1 bln in U.S., pairs with Palantir on supply chain data

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Athinia will be housed within another Merck KGaA subsidiary called EMD Digital that is separate from its electronics business.</p>\n<p>\"That has been the hurdle of solving this problem (of supply-chain inefficiency) for years,\" Matz said of the hesitance to share data. \"Until we came up with the concept of how we're structuring the data in a way that there's no (intellectual property) contamination, we couldn't get over it.\"</p>\n<p>Merck KGaA did not disclose financial details of the joint venture with Palantir.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4543":"AI","BK4547":"WSB热门概念","MKGAF":"Merck KGaA","PLTR":"Palantir Technologies Inc.","BK4023":"应用软件"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2189420631","content_text":"Dec 7 (Reuters) - A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies to solve chip industry supply chain problems.\nMerck KGaA of Darmstadt, Germany - which uses the name EMD Electronics for its North American electronics business to avoid confusion with the unaffiliated pharmaceutical company of the same name - supplies a range of chemicals used by chip factories, which are expected to expand if U.S. lawmakers pass a $52 billion aide package to bolster domestic manufacturing.\nThe company plans to spend $1 billion through 2025 for sites in Arizona, California, Texas and Pennsylvania.\n\"The chip shortage needs industry-wide cooperation to resolve the supply chain issues consumers are currently facing,\" Kai Beckmann, chief executive of the German firm's electronics unit, said in a statement.\nMerck KGaA also said Tuesday it is forming a joint venture with analytics firm Palantir. 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