NAND Flash Micron Invests 24 Billion US Dollars in New Memory Chip Fab in Singapore

From Sebastian Gerstl | Translated by AI 2 min Reading Time

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The US memory manufacturer Micron is also significantly expanding its production capacities in Asia. A new fab in Singapore is set to deliver additional NAND capacity from 2028.

Photo of Micron's "Site 3" in Singapore, where NAND flash memory is manufactured. The memory manufacturer plans to invest a further 24 billion US dollars in the construction of an additional fab in Southeast Asia. The new plant is scheduled to go into operation by 2028.(Image: Micron)
Photo of Micron's "Site 3" in Singapore, where NAND flash memory is manufactured. The memory manufacturer plans to invest a further 24 billion US dollars in the construction of an additional fab in Southeast Asia. The new plant is scheduled to go into operation by 2028.
(Image: Micron)

The US memory manufacturer Micron Technology is planning to build another wafer production facility in Singapore. Around 24 billion US dollars (approx. 20 billion euros) are to be invested over a period of ten years. The plant will be built within the company's existing local NAND production cluster.

With the new fab, Micron is responding to the continued high demand for memory chips. In particular, applications in data centers, AI accelerators and data-intensive systems are driving the demand for NAND flash and high-performance memory. Industry analysts expect the current supply shortage to continue until at least 2027.

Production is scheduled to start in the second half of 2028. Around 700,000 square feet (approx. 650,000 m2) of clean room space is planned. The factory is designed as a two-storey facility, a first for wafer production in Singapore.

Addressing the Continuing High Demand for Storage

Micron already manufactures the majority of its flash memory in Singapore. A separate facility for advanced packaging of high-bandwidth memory is being built there in parallel and is scheduled to go into operation in 2027. Both investments are closely linked in terms of space and organization.

By combining NAND production, DRAM expertise and HBM packaging, the company expects to achieve operational synergies. At the same time, Micron says it will retain flexibility when ramping up capacities in order to be able to react to market fluctuations.

The expansion is part of a global investment program. In addition to Singapore, Micron is examining other options for expanding capacity. The company recently announced the sponsorship of its USD 100 billion Gigafab in the US state of New York. There are also plans to take over an existing PSMC fab in Taiwan in order to address the current demand for DRAM memory. Competitors such as Samsung and SK Hynix are also currently accelerating their expansion plans.

The project will have a significant impact on employment in Singapore. A total of around 3,000 new jobs are to be created, primarily in manufacturing operations, process integration and engineering. The new fab will also meet current standards in energy efficiency, water treatment and emissions reduction.(sg)

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