21 Apr '11, 9pm

S$3.7b plant a milestone for S'pore chip industry #News

SINGAPORE - United States technology giants Intel Corp and Micron Technology yesterday officially opened in Singapore a US$3 billion (S$3.7 billion) fabrication plant of their joint venture, IM Flash Technologies, which will make chips used in smart phones and tablet PCs. Prime Minister Lee Hsien Loong, the guest of honour, said the state-of-art facility will strengthen Singapore's semiconductor industry and underpin the manufacturing sector, which is a key pillar of the Republic's economy. "It marks a milestone for the semiconductor industry in Singapore, and at US$3 billion, it is one of the largest investments in Singapore and will bring significant spin-offs to supporting industries as well as many good jobs for our people," he said. The plant, IM Flash Singapore, located in Woodlands, will produce NAND flash memory chips that are used to store pictures, songs and vide...

Full article: http://www.todayonline.com/Business/EDC110422-0000303/S$3...

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