US-based Micron Technology, a manufacturer of memory chips, will create 2,000 new jobs in Taiwan and establish R&D operations in the country. The company currently has three locations in Taiwan: two manufacturing facilities dedicated to producing dynamic random access memory chips in Taoyuan and Taichung and a third back-end facility in Taichung. The expansion will increase the company’s staff count in Taiwan by 20%, making it the largest foreign employer in the country.
Head of Micron Taiwan, Donghui Lu, explained that a priority will be “to accelerate tech deployment in Taiwan, including ramping up 1-beta nanometer node DRAM production by the end of this year and 1-gamma nanometer node DRAM in 2024”. He added: “Micron plans to focus on rapidly growing markets, including the automotive electronics, industrial devices and data centres.”
Go deeper with GlobalData
The global semiconductor shortage has hit tech companies and in response numerous semiconductor giants have announced plans to expand their production capacities. US-based Intel and Taiwan-based TSCM (Taiwan Semiconductor Manufacturing) have recently announced $20bn and $100bn investments, respectively, to increase their chip-making capacities.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
