US-headquartered technology firm, Micron Technology, opened its new and expanded semiconductor plant in Woodlands yesterday (15 August).
According to The Straits Times (ST), Micron CEO and President Sanjay Mehrotra said that the company “has made a ‘multi-billion-dollar investment’ in Singapore”.
A part of that investment was put into the expansion of the plant, while the rest will be used for future developments, depending on market trends.
The expanded FAB facility has a new cleanroom space to produce 3D NAND flash memory chips – chips that are higher in density because of its vertically-stacked design, that costs lower per bit.
These chips are now used in the production of solid state drives in smartphones, tablets, and computers, and are increasingly used in data centres.
Micron is looking to create an additional 1,500 jobs over the next few years, with 600 new jobs already added with the new expansion.
The company now has about 8,000 employees.
In 1998, Micron established in Singapore and has invested more than US$15 billion here over the years, according to ST.
Featured Image Credit: Micron Singapore Facebook