Micron Expands Global DRAM Output with Taiwan Fab Acquisition


Micron Expands Global DRAM Output with Taiwan Fab Acquisition

📅 - Micron Technology has moved to significantly expand its global DRAM manufacturing footprint by signing an exclusive Letter of Intent to acquire Powerchip Semiconductor Manufacturing Corporation's P5 fabrication facility in Tongluo, Miaoli County, Taiwan, in a transaction valued at US$1.8 billion in cash.

The deal centers on an existing 300mm semiconductor fabrication site featuring a 300,000-square-foot cleanroom, positioning the U.S.-based memory supplier to accelerate DRAM output as demand for memory continues to exceed available supply worldwide.

The acquisition is designed to strengthen Micron's core DRAM production capabilities rather than add greenfield capacity. By taking [...][... Check source for end of article ...]
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