Tuesday, December 3, 2002
Construction on the world's largest memory chip plant, a joint venture between Nanya Technology , and Infineon Technologies, is set to begin this week.
President Chen Shui-bian was invited to witness the ceremony presided by Wang Yung-ching , chairman of Taiwan's Formosa Plastics Group, the parent company of Nanya, CNA reported.
The plant is to be located in Taoyuan, northern Taiwan, close to Nanya's current production facility, and should begin producing 300mm DRAM (dynamic random accesss memory) chips in late next year using 0.09-micron production technology.
Each company has shouldered a 550 million-euro (dollar) investment into the plant over the next three years and would double the investment as the facility's capacity expands to 50,000 wafers by mid-2006.
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