Nanya Technology Corp (南亞科技) has received government grants to build a new NT$300 billion (US$10.17 billion) fab after a nine-month deferral primarily due to red tape, as well as shortages of labor and raw materials.
The chipmaker yesterday sent media an invitation to attend a groundbreaking ceremony for the 12-inch fab on June 23.
Nanya Technology expects the fab, to be built in New Taipei City’s Taishan District (泰山), to start commercial operations in 2025.
Photo courtesy of Nanya Technologies Corp
It had expected the fab to start operations in 2024 with a monthly capacity of 15,000 wafers.
The new factory would help Nanya Technology solve capacity bottlenecks, it said.
The chipmaker expects production this year to be little changed for a second year, after a 35 percent year-on-year expansion in 2020.
With the introduction of more advanced technologies, the new fab would help it broaden its product portfolio and expand its customer base, the company said when it unveiled the plans in April last year.
The firm yesterday said that it plans to ramp up production of its first-generation 10-nanometer process technology in the second half of this year, allowing it to offer an 8-gigabyte DDR4 DRAM, among other memory chips.
A second chip, a DDR5 DRAM, is entering pilot production using 10-nanometer technology, Nanya Technology chairman Wu Chia-chau (吳嘉昭) told the company’s annual shareholders’ meeting yesterday.
The 10-nanometer chips are expected to account for 10 percent of total output by the end of this year at the earliest, it said.
The company currently uses mostly 20-nanometer technology to make DRAM chips.
Cloud-based data centers are leading the uptrend in DRAM chip demand, while rising 5G smartphone penetration is also boosting consumption, Wu said, adding that commercial and gaming notebooks are also growth drivers.
However, rising inflation worldwide, geopolitical tensions and supply constraints for key components are dampening demand for consumer laptops and handsets, he added.
The firm’s shareholders at the meeting approved a cash dividend of NT$3.7 per common share, which represents about a 50 percent payout ratio compared with last year’s earnings per share of NT$7.4.
Dutch brewing company Heineken NV yesterday said that it has reached an agreement to acquire a subsidiary brewery of Taiwan’s Sanyo Whisbih Group (三洋維士比集團). Heineken is to assume majority ownership and management rights of the Long Chuan Zuan Co (龍泉鑽興業) brewery in Pingtung County’s Neipu Township (內埔), the Dutch company said. It would become the first multinational brewing company to operate brewery in Taiwan once the acquisition is completed. The deal has been approved by the Ministry of Economic Affairs’ Investment Commission, but details of the financial transaction cannot be disclosed at this time, as terms of the settlement have not been completed,
Had Audrey Hepburn and Gregory Peck hopped on an electric scooter rather than a Vespa in the classic film Roman Holiday, their spin around the Eternal City might have ended in tears. The number of crashes and near-misses involving the two-wheelers has prompted Rome authorities to impose some order on a booming rental market that began two years ago. The havoc came to a head earlier this month when two US tourists attempted a night-time drive down the Spanish Steps, causing more than 25,000 euros (US$26,392) worth of damage to the 18th-century monument. Caught on security footage, the couple in their late 20s
LOOK WHO OWES: China’s exposure to Taiwanese banks was the second-largest, with Luxembourg third, followed by Hong Kong and Japan, the central bank said The US remained the largest debtor country to Taiwan’s banking sector for a 27th consecutive quarter in the first quarter of this year, with its exposure rising 8.3 percent from a quarter earlier on the back of an increase in US bonds, the central bank said on Friday. Data compiled by the central bank showed that outstanding international claims by Taiwanese banks on a direct risk basis to the US stood at US$125.38 billion as of the end of March. Department of Financial Inspection deputy head Pan Ya-hui (潘雅慧) said that the US Federal Reserve’s launch of a rate hike cycle in
GREEN CITY: The company is set to invest US$8 billion to make electric vehicles and batteries for a new city that would rely entirely on renewable energy sources Indonesia said that Hon Hai Precision Industry Co (鴻海精密) is considering investing in the country’s new capital city, a move that would bolster the US$34 billion construction project. Hon Hai, which is known as Foxconn Technology Group (富士康科技集團), is looking at setting up an electric bus system and an Internet of Things network at Nusantara, as Indonesia’s new capital is to be called, Indonesian Minister of Investment Bahlil Lahadalia said in a statement yesterday. Hon Hai chairman Young Liu (劉揚偉) met with Indonesian President Joko Widodo on Saturday to discuss the company’s plan to invest US$8 billion to build a manufacturing plant
RSS