Micron said it will invest 4.3 billion yuan ($602.77 million) in a Chinese factory in the city of Xian over the next few years.
Micron has decided to acquire equipment belonging to Chinese chip company Powertech Technology based in Xian city.
Micron to invest $603 mn in factory in China’s Xian
More like thisRelated
Gartners views on rank of top 10 semiconductor companies in 2024
In 2024, the global semiconductor industry experienced a substantial...
TSMC faces $1 bn+ U.S. penalty over chip linked to Huawei AI processor
TSMC may face a penalty exceeding $1 billion due...
Infineon buys Marvell’s Automotive Ethernet business for $2.5 bn
Infineon Technologies is enhancing its position in the automotive...
UMC and GlobalFoundries explore merger, challenging TSMC
Taiwan’s leading semiconductor manufacturer, United Microelectronics Corporation (UMC), and...