© Reuters. File photo: The logo of the American software company Palantir Technologies appeared in Davos, Switzerland on January 22, 2020. REUTERS/Arnd Wiegmann/File Photo
(Reuters)-A German supplier of chemicals and materials used in the manufacture of semiconductors said on Tuesday that it would invest $1 billion in its U.S. business and set up a joint venture with data analysis company Palantir Technologies (NYSE:) to resolve Supply chain issues in the chip industry.
Merck KGaA of Darmstadt, Germany-uses the name EMD Electronics for its North American electronics business to avoid confusion with the non-affiliated pharmaceutical company of the same name-supplies a range of chemicals used by chip factories, if the US legislators, these chemicals It is expected that a US$52 billion aid package will be expanded to support domestic manufacturing.
The company plans to spend $1 billion to build sites in Arizona, California, Texas, and Pennsylvania by 2025.
“The shortage of chips requires industry-wide cooperation to solve the current supply chain problems faced by consumers,” said Kebekmann, chief executive of the German company’s electronics division, in a statement.
Merck KGaA also said on Tuesday that it is forming a joint venture with analyst firm Palantir. The goal of the joint venture is to obtain data from material and chemical suppliers on the one hand, and to obtain data from chip factories on the other, and analyze them to improve efficiency.
Suppliers and chip factories have extensive trade secrets and have historically been reluctant to share data outside their own organization. Laura Mats, who will oversee the new joint venture, said the joint venture will be called Athonia. Athia will be placed in another Merck KGaA subsidiary called EMD Digital, which will be separated from its electronic business.
“For many years, this has been an obstacle to solving this problem (supply chain inefficiency),” Matz said of his reluctance to share data. “Until we come up with the concept of how to structure data in a way that is free of (intellectual property) pollution, we cannot overcome it.”
Merck KGaA did not disclose the financial details of the joint venture with Palantir.
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