Micron is among chipmakers and other technology companies betting on Southeast Asia, seeking new markets and expanding their operations beyond China and Taiwan to lessen their exposure to tensions between Washington and Beijing. NXP Semiconductors NV and a firm backed by Taiwan Semiconductor Manufacturing Co. are building a US$7.8 billion wafer plant in Singapore.
“The launch of this facility will further strengthen Singapore’s local semiconductor ecosystem and innovation,” Micron said in a statement. “Micron’s future expansion plans in Singapore will also support long-term manufacturing requirements for NAND,” the company said, referring to semiconductors that store information in everything from data-centre computers to smartphones.
