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Breaking News

Taiwan’s UMC Opens $5 Billion Singapore Center To Make AI, Automotive Chips

Asia Business News
Last updated: May 4, 2025 3:59 am
By Asia Business News
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United Microelectronics’ innovative chip factory in Singapore.

Offered by UMC

United Microelectronics Business (UMC) has actually constructed a brand-new $5 billion costs factory in Singapore as the spread of expert system applications boosts the need for even more complicated chips.

Taiwan-based business claims in a firm declaration Tuesday. It included that it will certainly raise UMC’s complete manufacturing capability in Singapore by 47%, going beyond 1 million Wafs each year.

” This brand-new and most recent center notes a brand-new development stage for UMC,” stated Shan-Chieh Chien, chief executive officer of the business, in a declaration. “This boosts our capability to fulfill future chip requires driven by constant advancement in connection, automobile and expert system.”

Singapore – Specialist chip Production Facility – In the last few years, it has actually brought in brand-new worldwide financial investments Semiconductor business In 2014, Lead International Semiconductor teamed up with NXP Semiconductor in the Netherlands to construct a $7.8 billion wafer production center in Lion City, and Globalfouldries opened up a $4 billion manufacturing facility in 2023.

UMC’s brand-new center will certainly be among Singapore’s most innovative semiconductor factories. The business stated it will certainly make semiconductors for advancements in interactions, vehicles and AI.

” Singapore’s one-of-a-kind location additionally makes the brand-new centers totally made use of to sustain our consumers to boost the durability of the supply chain,” Chien stated.

UMC stated the development will certainly develop regarding 700 neighborhood tasks in the coming years, consisting of procedure and devices designers and R&D designers.

” This brand-new plant presents brand-new advanced specialized semiconductor capacities and manufacturing capability, which will certainly boost Singapore’s competition as a crucial node in the worldwide semiconductor supply chain,” stated Jermaine Loy, taking care of supervisor of the Singapore Economic Growth Council.

TAGGED:AutomotiveBillionchipsfacilityopensSingaporeTAIWANSUMC
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Asia Business News (ISSN: 3079-8531) is a leading international business publication dedicated to delivering in-depth analysis, expert insights, and comprehensive coverage of economic trends, corporate developments, and market dynamics across the Asia-Pacific region and beyond. With a commitment to journalistic integrity and analytical rigor, Asia Business News serves as a trusted source of information for business leaders, policymakers, and investors seeking authoritative perspectives on global commerce, finance, and industry advancements.

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