[photopress:flashmemory.jpg,full,alignright]STMicroelectronics and South Korea’s Hynix Semiconductor yesterday formally started a joint memory chip manufacturing facility in Wuxi, Jiangsu Province.
The plant cost $2 billion — there is no such thing as cheap as chips — and is the third-biggest memory chip facility In China.
It will make both Flash and DRAM memories, which are widely used in computers, mobile phones and music players such as the iPod NANO.
It has arrived in stages. The first stone at the 550,000 square meters Wuxi site was laid in April 2005. An 8-inch wafer plant started volume production in July. The 12-inch plant is scheduled to start mass production this month. It will be able to produce 18,000 wafers every month. About 2,000 people will be employed at the plant.
The joint facility ranks No. 3 on the Chinese mainland in memory chip shipments behind Shanghai-based Semiconductor Manufacturing International and Suzhou-based Hejian Technology.
Source: Shanghai Daily