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 -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

IoT Core Service of Google Cloud to Shut Soon

0
In a major announcement by the tech giant, the core internet of things (IoT) services available under Google Cloud will be unplugged in August...

NIOT Introduces Roshni, a Saline-Water LED Lamp

0
A team of scientists at the National Institute of Ocean Technology (NIOT), Chennai have developed India’s first Saline Water Lantern, named Roshni. It is...

Motional’s Robotaxi Debuts in LA

0
Motional, a joint venture between Hyundai Motor Group and Aptiv has started the ride service of the free 'Robotaxi' Ioniq 5 in Las Vegas....

Exclusive

IoT Core Service of Google Cloud to Shut Soon

0
In a major announcement by the tech giant, the core internet of things (IoT) services available under Google Cloud will be unplugged in August...

NIOT Introduces Roshni, a Saline-Water LED Lamp

0
A team of scientists at the National Institute of Ocean Technology (NIOT), Chennai have developed India’s first Saline Water Lantern, named Roshni. It is...

Motional’s Robotaxi Debuts in LA

0
Motional, a joint venture between Hyundai Motor Group and Aptiv has started the ride service of the free 'Robotaxi' Ioniq 5 in Las Vegas....

Important Sectors

IoT Core Service of Google Cloud to Shut Soon

0
In a major announcement by the tech giant, the core internet of things (IoT) services available under Google Cloud will be unplugged in August...

NIOT Introduces Roshni, a Saline-Water LED Lamp

0
A team of scientists at the National Institute of Ocean Technology (NIOT), Chennai have developed India’s first Saline Water Lantern, named Roshni. It is...

Motional’s Robotaxi Debuts in LA

0
Motional, a joint venture between Hyundai Motor Group and Aptiv has started the ride service of the free 'Robotaxi' Ioniq 5 in Las Vegas....

Sterlite Tech’s Losses down QoQ, Revenue Up YoY

0
Sterlite Technologies recently published its financial performance results for Q1, FY 23. While it witnessed a 20.32% increase in the overall revenue on a...
Drone

First Drone School Destination in NE: Guwahati

0
In the pursuance of the ‘Act East’ policy and the aim to make India a drone tech hub, northeast India has got its first...

Manufacturing

I-Day Gift: Ola Electric Car in 2024!

0
Ola Electric, at an event on Monday, announced the launch of their first electric car by 2024. Though not much has been revealed about...

Indian Chip Industry to Cross $300 billion by 2026

0
As India gradually strides toward becoming Aatmanirbhar, a new report on the chip component industry avouch for this growth. The report of India Electronics...
EV

Volkswagen Testing ŠKODA EVs in India

0
German auto giant Volkswagen has begun to test some ŠKODA EVs in India. As per a senior official of the company, the step aims...

Mahindra To Launch Unveiled e-SUVs in 2024

0
On Monday, Indian auto-giant Mahindra & Mahindra (M&M) unveiled its five new electric sports utility vehicles (e-SUVs) --- XUV.e8, XUV.e9, BE.05, BE.07 and BE.09,...

US Aiming to Regain its Semiconductor Leadership

0
Semiconductors are now finding a rightful place in all areas such as national security, information technology, aerospace, and so forth. What is sad is...