Micron Technology, Inc. (NASDAQ:MU)’s New Flash Memory Fabrication Plant In Singapore To Add 1,000 New Jobs

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Micron Technology, Inc. (NASDAQ:MU), a semiconductor giant has launched the addition of add new cleanroom space in North Coast so as to meet future manufacturing requirements for its 3D NAND flash memory products.

The company did not however disclose the amount of money invested in the project but only indicated that the new facility will be a “multi-billion dollar investment”. The facility will be equipped in the next five years, and is expected to create 1,000 new jobs.

In line with its agreement with the Economic Development Board, the company intends to expand its research and development capacities in Singapore.

Mr S Iswaran, the Minister for Trade and Industry for Singapore, who graced the groundbreaking ceremony said since 1998, the company is been a major player in the country’s electronic sector. He said he is happy to see the company take another step to expand and improve its activities in the country.

Micron Technology president and chief executive Sanjay Mehrotra, who was speaking during the ground breaking ceremony said for the last 20 years, the company has invested over US$15 billion in Singapore. He noted that the 3D NAND flash which is produced by the company is a leader of all flash on the market and a very complex semiconductor to make. He noted that the flash produced by the company has 64 layers of data cells and is made through several precision process steps. Mehrotra said the new cleanroom launched will go a long way in enabling the company advance its technologies and advance into production of even more intricate designs.

The construction of the new plant is expected to be completed in 2019 and the company expects the first wafer output in the fourth quarter of 2019. The new facility gives the company enough space to advance its technology transitions for its 3D NAND wafer capacity. The company has a workforce of over 34,000 employees spread in 17 countries. It has employed over 7,500 people in Singapore, which represent 22 percent of its workforce globally. The company’s presence in Singapore is characterized by three wafer fabrication plus one assembly and test plant.

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