UMC To Invest $5Bn To Build New 22-nm Chip Fab In Singapore

- Advertisement -

The new facility would be built next to UMC’s other Singapore 12-inch fab, Fab12i

Taiwanese chipmaker United Microelectronics Corp is expanding its manufacturing poweress as it plans to invest US$5 billion in a new manufacturing facility in Singapore to make 22-nanometer chips.

UMC, which is the world’s third-largest contract chipmaker, said in a statement that the first phase of the investment would add 30,000 12-inch wafers per month to UMC’s capacity, with production expected to start in 2024.

- Advertisement -

The new facility would be built next to UMC’s other Singapore 12-inch fab, Fab12i. The expansion plan in Singapore will increase UMC’s capital expenditure for 2022 to $3.6 billion, from the previously planned $3 billion, the company said. It spent $1.8 billion on capex 2021.

“The new fab is backed by clients who have signed multiyear supply agreements to secure capacity from 2024, which points to a robust demand outlook for UMC’s 22-nanometer and 28-nanometer technologies for years to come,” the statement said.

UMC, whose clients include Samsung, MediaTek and Qualcomm, said that the clients are to pay a deposit to secure capacity, a new model implemented last year to cope with supply constraints amid the supply crisis.

Specialty technologies to be manufactured in the new facility — such as embedded high-voltage technology, embedded non-volatile memory, radio frequency silicon-on-insulator technology and mixed signal CMOS — are critical for a broad range of applications, including smartphones, smart home devices and electric vehicle applications, UMC said.

“The company expects the new fab to play an important role in satisfying growing demand in these markets and help alleviate the structural shortage of foundry capacity, especially on 22-nanometer and 28-nanometer processes,” it said.

“We are excited to expand our 300mm operations in Singapore, which would enable the company to further diversify our manufacturing footprint,” UMC chairman Stan Hung said. “We are committed to doing our part to restore balance in the industry value chain and aid the long-term success of our clients.”

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

5G Chipset Market to Hit $92.09B by 2030

0
Reports indicate that the global next-gen wireless processor market is on track to surpass the $100 billion mark in the coming decade. The 5G chipset...
Gursaurabh Singh, Founder of Dhruv Vidyut

“Electrifying Rural Mobility- Converting Traditional Bicycles Into E-Bikes”

0
In a conversation with Nitisha Dubey from EFY, Gursaurabh Singh, the Founder of Dhruv Vidyut, discusses their conversion kit, which can transform any conventional...
Rahul Bollini, the Founder of Bollini Energy

“Formal Contracts For Long-Term Commitments Are Not Always Necessary”

0
Bollini Energy collaborates with various companies interested in understanding the complete value chain of Lithium-ion cells. They offer technical services that span from mining...

Buzz

FAME 3 Likely To Launch On Budget Day With INR 10k Cr Budget

0
People familiar with the discussions informed that the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme is likely to include support for electric...

Dixon Technologies Plans Multi-Million Dollar Investment In India

0
The domestic electronics manufacturer has planned 1500-1800 crores INR investment, seeks to venture into new sectors.  Dixon Technologies, a producer of e-components, recently disclosed its...

Clean Mobility Establishes Pune Facility For Zbee

0
Clean Mobility Solution India Pvt. Ltd. establishes a manufacturing facility in Pune to localise and indigenously produce the 'Made in India' Zbee, a three-wheeled...

Important Sectors

Setting UP Plant For Motors That Deliver 97% Efficiency

0
What can four students competing in Formula Student race teams achieve? Why would these students, originally focused on developing an electric two-wheeler brand, pivot...

FAME 3 Likely To Launch On Budget Day With INR 10k Cr Budget

0
People familiar with the discussions informed that the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme is likely to include support for electric...

Dixon Technologies Plans Multi-Million Dollar Investment In India

0
The domestic electronics manufacturer has planned 1500-1800 crores INR investment, seeks to venture into new sectors.  Dixon Technologies, a producer of e-components, recently disclosed its...

Clean Mobility Establishes Pune Facility For Zbee

0
Clean Mobility Solution India Pvt. Ltd. establishes a manufacturing facility in Pune to localise and indigenously produce the 'Made in India' Zbee, a three-wheeled...

VinFast Invests $2 Billion In India Expansion

0
Vietnamese electric carmaker VinFast expands across Asia, opening new factories in India and Indonesia, despite challenges in the competitive EV market and slowing global...

Manufacturing

Honeywell Creates AI Software For Gigafactory Efficiency

0
Honeywell anticipates that its new battery manufacturing excellence platform will lower the costs of cell production, speed up the ramp-up cycles, and decrease material...

Raju B Ketkale Named CEO Of Lumax Industries

0
He takes over from Vishnu Johri, who is stepping down for personal reasons. Lumax Industries Limited, a Tier-1 automotive lighting system and component manufacturer within...

Schaeffler And Symbio JV Innoplate Starts Fuel Cell Plate Production

0
Starting with an initial production capacity of 4 million bipolar plates, the Innoplate joint venture is projected to achieve an annual output of 50...

Tesla Pushes Suppliers To Source Parts Beyond Taiwan And China

0
China and Taiwan are major global producers of essential electronics parts and components. Tesla has requested that its suppliers move the production of components and...

Uno Minda Shines With Increased Content Per Car And EV Focus

0
Uno Minda, a key player in the auto parts industry, has demonstrated significant revenue growth, surpassing industry averages by more than double over the...