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Samsung Electronics, Siltronic set up joint wafer factory in Singapore
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    • FRANKFURT, July 14 (AFP) Jul 14, 2006
     South Korean high-tech giant Samsung Electronics and Siltronic, a leading maker of silicon wafers and a unit of German chemicals group Wacker Chemie, said Friday they planned to build a joint wafer 300-milimeter wafer factory in Singapore.

    The factory would be 50-50 joint venture and would called Siltronic Samsung Wafer Pte, the two partners said in a statement.

    The project -- the first time that a semi-conductors maker has teamed up with a silicon wafer manufacturer -- represented a total investment of (788 million euros).

    The venture has already been approved by Samsung Electronic's board of directors and the supervisory board of Siltronic.

    The necessary regulatory approval was expected by the end of August, when construction would begin. Production was scheduled to start mid-20008 and the site was estimated to reach capacity of 300,000 wafers per month by 2010 on a workforce of 800, the statement said.




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