Second global memory chip manufacturer $250 million Xi'an plant

The world's second largest memory chip maker micron - U.S. $250 million investment in Xi'an, the project put into the annual output value will reach $1 billion.

The United States' plans to invest $250 million in Xi'an high tech Zone plant, which is the largest foreign investment project in Shaanxi Province, the introduction of 20 years.

The company is the world's second largest memory chip factory, is one of the top 500 enterprises, total sales of $4 billion 400 million last year, the total assets of more than $7 billion 700 million. This investment project is divided into a chip module assembly and chip package testing part two is expected, the factory covers an area of about 40 thousand square meters, total investment amounted to $250 million, put into the annual output value of $1 billion, exports amounted to more than $500 million.

In 2004, the company of China micron according to their judgment of the market, that have investment value, made the decision to invest and build factories in Chinese. The company believes that Xi'an is one of the base of science and education China, has a large number of talents, especially in semiconductor integrated circuit research and development strength.

Micron's current plan is to set up factories in Xi'an involving only the downstream field, but will eventually be in China building an integrated business system, including research and development, design, production and sales, to meet the growing needs of Chinese.

Xi'an has the basis for the development of the industrial chain of semiconductor manufacturers, has a large number of state-owned enterprises engaged in semiconductor production and professional research of semiconductor industry in Colleges and universities, laid the foundation for the semiconductor manufacturers settled. And the semiconductor industry for the production of high demand: to ensure that 24 hours of continuous power supply, can not be interrupted; and the magnitude of the power supply voltage requirements. Xi'an is fully capable of meeting these conditions. At the same time, compared to other cities in the East, Xi'an's water, electricity, gas supply adequate, lower prices.

Professionals believe that the manufacturing cost of China semiconductor market prospects and the lower, the micron choice of Western Xi'an as the first stop of investment.