US memorychip maker Micron Technology Inc yesterday said it plans to add about 2,000 employees to its Taiwanese operations within the next two to three years, as it seeks to ramp up some of the most advanced DRAM manufacturing technologies, including its 1-gamma nanometer node DRAM process in 2024.
The hiring would result in a 20 percent expansion of its Taiwan staff, which currently comprises about 10,000 workers.
The hiring drive would make Micron the largest foreign employer in Taiwan, corporate vice president and new head of Micron Taiwan Donghui Lu (盧東暉) told a news conference in Taichung.
Photo: Lisa Wang, Taipei Times.
Unveiling the company’s technology road map, Lu said one of his priorities is to accelerate tech deployment in Taiwan, including ramping up 1-beta nanometer node DRAM production by the end of this year and 1-gamma nanometer node DRAM in 2024.
The two processes would be the most advanced DRAM technologies when they enter mass production, Lu said.
To facilitate the 1-gamma nanometer node process, the chipmaker plans to create a “research and development corridor” and a research team dedicated for the technology at Micron’s new Taichung fab, A3, using extreme-ultraviolet (EUV) tools, Lu said.
Micron has started construction of A3 in 2019 and is installing manufacturing equipment in preparation for mass production.
Micron believes it is the right time to introduce EUV for the production of 1-gamma nanometer technology, as Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Samsung Electronics Co and Intel Corp have adopted the tools over the past few years, leading to better equipment availability and a mature ecosystem, Lu said.
“That will allow us to have the best combination of cost, technology and performance,” Lu said.
Micron plans to adopt the EUV tools for the next three generations of DRAM processes including 1-gamma, 1-delta and 1-epilson technologies, to make a better return from the investment in EUV equipment, he said.
In addition, accelerating its pace in growing the local semiconductor industry, EUV supply chains is also one of Lu’s priorities by increasing adoption of local manufacturing equipment and materials, he said.
A comprehensive supply chain can help shorten production cycles and improve cost efficiency, especially as transportation costs skyrocketed during the COVID-19 pandemic, he added.
“Taiwan has built the most extensive EUV ecosystem. No other place in the world can compare,” he said.
Commenting on the industry’s recent weakness amid geopolitical tensions and the pandemic, Lu said it might see short-term supply-demand imbalance, but Micron is bullish about the industry’s long-term outlook, as accelerating digitalization worldwide is driving demand for memory chips.
Micron plans to focus on rapidly growing markets, including the automotive electronics, industrial devices and data centers, to deliver stable gross margin, Lu said.
Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights. The closure of the Strait of Hormuz has taken a huge chunk of oil supplies off the market, sending the price of jet fuel soaring and triggering fears of shortages that could force airlines to cancel flights. Airlines are not waiting for a lack of supplies to react. “Travel alert: Airlines are cutting thousands of flights right now,” Travel Therapy host Karen Schaler said in an Instagram reel this past weekend.
MANAGING RISKS: Taiwan has secured LNG sufficient to cover 95 percent of electricity demand for next month, UBS said, describing the government’s approach as proactive UBS Group AG has raised its forecast for Taiwan’s economic growth this year to 8 percent, up from 6.9 percent previously, and said expansion could reach as high as 8.6 percent if external energy shocks are avoided. The upgrade reflects a stronger-than-expected first-quarter performance and sustained momentum in artificial intelligence (AI)-driven exports, which UBS said are providing a firm foundation for growth despite geopolitical and energy risks. Taiwan’s GDP expanded 13.69 percent year-on-year in the first quarter, the fastest growth since the second quarter of 1987, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported on Thursday. On a seasonally
The list of Asian stocks that benefit from business partnership with Nvidia Corp is getting longer, as the region further integrates into the artificial intelligence (AI) chip giant’s business ecosystem. Just in the past week, South Korea’s LG Electronics Inc, Taiwan’s Nanya Technology Corp (南亞科技), as well as China’s Huizhou Desay SV Automotive Co (德賽西威) and Pateo Connect Technology Shanghai Corp (博泰車聯) have become the latest to rally on news of tie-ups, supply-chain participation or product collaboration with the US chip designer. Asian suppliers account for about 90 percent of Nvidia’s production costs, up from about 65 percent last year, data compiled
The Fair Trade Commission’s (FTC) ongoing review of Grab Holdings Ltd’s US$600 million acquisition of Foodpanda Taiwan’s operations, announced on March 23, has taken on fresh urgency as industry experts warn that the transaction could embed significant Chinese cybersecurity vulnerabilities into Taiwan’s digital infrastructure through Grab’s deep ties to autonomous-driving firm WeRide (文遠知行). Less than 16 months after the FTC blocked Uber Eats’ direct attempt to acquire Foodpanda Taiwan — citing potential combined market shares of 80 to 90 percent — the emergence of Grab as the buyer has prompted questions about whether the same competitive harm is simply being rerouted