Micron has pilot manufacturing strains at its Idaho headquarters to develop new applied sciences and a manufacturing facility in Virginia that makes specialised high-reliability chips for vehicles.
see photographsMicron plans to spend as much as $12 billion in capital spending and $3 billion on R&D subsequent 12 months
Micron Technology Inc. mentioned on Wednesday that it’s constructing a brand new reminiscence manufacturing facility within the United States, however would want state and federal subsidies to offset the price that exceeds its factories in Asia.
The Boise, Idaho-based firm is the one US agency that manufactures each main sorts of reminiscence chips, competing towards South Korea’s Samsung Electronics Co Ltd and SK Hynix and Japan’s Kioxia, Toshiba’s former reminiscence chip unit.
Micron has pilot manufacturing strains at its Idaho headquarters to develop new applied sciences and a manufacturing facility in Virginia that makes specialised high-reliability chips for vehicles. But its most superior reminiscence chips, which go into gadgets together with PCs, telephones and information facilities, are made in Taiwan, Japan and Singapore.
Micron’s chief enterprise officer Sumit Sadana informed Reuters reminiscence chips account for about 30% of the worldwide semiconductor market, however solely 2% are made within the United States.
Sadana mentioned the corporate has not tied up on any nation for its subsequent manufacturing facility for superior chips.
“We certainly want to assess manufacturing in the US very seriously, because for national security and for the resilience of the supply chain, there should be more than 2% of memory manufacturing in the US,” Sadana mentioned in an interview.
Sadana mentioned the corporate has not tied up on any nation for its subsequent manufacturing facility for superior chips. The factories will want tools comparable to ASML Holdings’ excessive ultraviolet (EUV) lithography machines, which might price greater than $100 million.
Sadana mentioned Micron plans to spend $12 billion in capital expenditure subsequent 12 months and $3 billion on analysis and growth and as much as $150 billion over the subsequent decade.
Sadana mentioned Micron estimates the price of reminiscence manufacturing is 45% increased within the United States than in Asia.
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He mentioned Micron’s determination would depend upon whether or not US subsidies for constructing factories and funding tax credit for costly tools — each being debated within the US Congress — are put in place. “We need these policies to be stable and bipartisan in nature,” he mentioned.
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With inputs from NDTV
