Micron Technology, one of the leading semiconductor producers, launched an expansion of its fabrication plant in Singapore on March 3, making it the world’s most advanced and largest semiconductor space in the country.
Built at a total cost of 5.5 billion SGD (4 billion USD), the expansion will facilitate efficient production of storage equipment and semiconductor memory used in smart phones and computers in line with the latest technology to respond to market demands.
Upon completion, the facility is expected to attract 500 skilled labourers and contribute 1 billion SGD (733.7 million USD) to the Singaporean economy.
Speaking at the groundbreaking ceremony, Singaporean Minister of Trade and Industry Lim Hng Kiang said that the project represents Micron’s commitment to its long-term operations in Singapore.
He added that Singapore pledges to develop electronics industries, especially by supporting investment in new technology to increase labour productivity and production quality.
The electronics sector is one of the crucial pillars in Singaporean economy, which receives the largest allocation of the national budget for research and development.-VNA
Built at a total cost of 5.5 billion SGD (4 billion USD), the expansion will facilitate efficient production of storage equipment and semiconductor memory used in smart phones and computers in line with the latest technology to respond to market demands.
Upon completion, the facility is expected to attract 500 skilled labourers and contribute 1 billion SGD (733.7 million USD) to the Singaporean economy.
Speaking at the groundbreaking ceremony, Singaporean Minister of Trade and Industry Lim Hng Kiang said that the project represents Micron’s commitment to its long-term operations in Singapore.
He added that Singapore pledges to develop electronics industries, especially by supporting investment in new technology to increase labour productivity and production quality.
The electronics sector is one of the crucial pillars in Singaporean economy, which receives the largest allocation of the national budget for research and development.-VNA
