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27
Feb
2010
Micron reinvests in Xi'an E-mail
News - Xi'an News
Written by ND
Micron Technology, Inc., a large producer of semiconductor devices recently signed a new investment agreement with the Xi'an Hi-tech Industrial Development Zone.

According to the agreement, Micron will pump 300 million USD into a semiconductor testing project in Xi'an. Micron is a world-leading semiconductor solution provider. This is not the first time that Micron invests in Xi'an.

250 million USD were paid to build a semiconductor packaging and testing base in Xi'an before. The base became operational on 20. March 2007, reached an export value of 617 million USD in 2009 and created more than 2,000 jobs in Xi'an.

Furthermore, Micron increased its production capacities in Asia via the acquisition deal with Qimonda and the joint venture with Nanya. The new investment project in Xi'an is a significant one and it will boost the semiconductor industry in the region once more and further establish Xi'ans role as an IT research and development centre. The semiconductor testing project is scheduled to start production in three years.

Micron

Micron Technology ("Micron") NYSE: MU is a multinational company based in Boise, Idaho, USA, best known for producing many forms of semiconductor devices. This includes DRAM, SDRAM, flash memory, SSD and CMOS image sensing chips. Most consumers are more familiar with its consumer brand Crucial Technology. Micron Technology is among the worldwide top 20 semiconductor sales leaders. ► Click here for more information



Our valuable Editor ND has been with us since Monday, 15 June 2009.

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