Micron’s $9.5b chip plant to give S’pore foothold in AI space; will create up to 3,000 jobs

Quick Summary:

Operations are scheduled to start in 2026 with the expansion of packaging capacity beginning in 2027.

However, DPM Gan said Singapore’s value proposition lies in its strong and enduring fundamentals, including a skilled talent pool, innovation and research capabilities, and a pro-business environment.

Singapore has attracted around $18 billion of research and development, and manufacturing investments over the past two years, according to the Economic Development Board.

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Article Details

Author / Journalist: Ovais Subhani

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Semiconductor Billion Chips Micron’s Micron Singapore’s Development Expansion Mehrotra Singapore Memory

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 14:22:24 (1 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 24970984

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About The Straits Times

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Official Website: straitstimes.com

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Year Established: 1845

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