Business

Micron builds $ 7 billion factory in Hiroshima, Japan – Report

File Photo: Micron Technology’s solid-state drive for data center customers was unveiled at a product launch event in San Francisco, USA on October 24, 2019. REUTERS / Stephen Nellis

October 20, 2021

TOKYO-US chip supplier Micron Technology Inc plans to invest 800 billion yen ($ 690 million) to build a new plant in Hiroshima, western Japan, the Nikkan Kogyo Shimbun reported Wednesday. ..

Micron’s factory is likely to specialize in DRAM memory chips that are widely used in data centers and is expected to go live by 2024, he said.

The report comes from strong demand from automakers and tech companies, which contributes to a serious global chip shortage. Taiwanese chip giant TSMC announced plans to build a factory in Japan last week, and media reports indicate that the Japanese government is ready to help pay for its investment.

($ 1 = 114.5100 yen)

(Report by Tokyo News Room, edited by Rashmi Aich)



Micron builds $ 7 billion factory in Hiroshima, Japan – Report

Source link Micron builds $ 7 billion factory in Hiroshima, Japan – Report

Back to top button