Old news from Contact Singapore Websites:
7 July 2007 – 13 July 2007:
STMicro to ship Texas chip plant to S’pore
Singapore’s efficiency has scored big with major chip player STMicroelectronics. The company has decided to close its operations in Texas and shift the entire production to Singapore. STMicroelectronics will be able to produce 50% more of than its usual output of the six-inch wafers when the relocation to Singapore is completed. With the increase, the plant in Singapore would account for more than half of the company’s production of six-inch wafers. Singapore was chosen because of the country’s discipline, efficiency and cost benefits.
21 Apr 2007 – 27 Apr 2007: Chip giant
Qimonda to invest $4b in wafer fab plant here
German chipmaker Qimonda plans to invest about 2 billion euros ($4 billion) in Singapore over the next five years to build a wafer fabrication plant that may create more than 1,500 jobs. This new Singapore plant which will create more than 1,500 jobs, will help Qimonda respond to the fast-growing Dram market and move closer to its customers in Asia. Factors such as low taxation, incentives, highly skilled labour and strong infrastructure had made Singapore their place of choice.
15 – 21 Jul 2006: S’pore to get US$1 billion wafer plant
Korean memory chip producer
Samsung Electronics and Germany company
Siltronic said they will build a US$1 billion joint-venture wafer fab in Singapore to support the rising demand. This investment is a boost to the Singapore electronics industry; in addition to the other investments commitments by global firms like Segate, Hoya, Panasonic. The plant will start its operations in mid 2008 and is expecting to employ about 800 employees. This will be the largest wafer production plant in the industry.
08 – 14 Jul 2006: French chip firm invests $711m in S’pore
French specialist silicon semiconductor maker
Soitec announced that it is investing 350 million euros (S$711 million) in a new production plant in Singapore, its first plant outside France. The plant will start operations by mid 2008 and is expected to hire about 500 people by 2009. The decision to expand in Asia is fueled by the need to meet anticipated increasing demand from chipmakers worldwide. Besides Soitec, other global semiconductor firms like Panasonic, Xilin and Linear Technology have also set up their operations in Singapore.
10 – 16 Jun 2006: Micron starts Nand flash memory production
The move by a giant American firm to expand its operations here has boosted Singapore’s credentials as a production centre for the hottest products in high-tech – Nand flash memory chips. This joint venture –
IM Flash Technologies – was set up by Intel and Micron. The companies have invested $2.4 million and have plans to invest another $2.8 million over the next three years.
14 – 21 April 2006:
Utac will invest $500m to expand Singapore operations
In a major boon to the local chip industry, United Test and Assembly Centre (Utac) is spending millions to double the size of its Singapore manufacturing operations. A second plant will be built and the investment will also be used to equip the plant. The set-up will see the company employing about 1,000 more people.
