noun
semiprocessed goods; semi-finished products
Refers to goods that have undergone partial processing but are not yet finished products. Common in manufacturing and trade contexts.
この工場では半加工品を輸入して最終製品に仕上げている。
This factory imports semiprocessed goods and finishes them into final products.
Compound of 半 (half, semi-) + 加工 (processing) + 品 (goods). The derivation is transparent from its components.