NEW TECHNOLOGY: The firm is vying for business opportunities in the Internet of Things, artificial intelligence, high-performance computing and electric vehicle arenas

UMC today (May 21) held a ceremony at our Fab 12i in Singapore to celebrate the arrival of the first equipment tool at our Phase 3 expansion, marking a major milestone in the construction of the new greenfield facility. First announced in February 2022, Phase 3 is set to be one of the most advanced semiconductor manufacturing facilities in Singapore. Today’s ceremony was attended by representatives from Singapore’s Economic Development Board (EDB), Jurong Town Council (JTC), the Institute of Microelectronics (IME), construction partners, and key equipment and material vendors.

SINGAPORE – Global biopharmaceutical company AstraZeneca intends to build a US$1.5 billion (S$2 billion) manufacturing facility in Singapore, the company said on May 20.

It aims to begin the designing and construction of the facility by the end of 2024, and targets it to be operationally ready from 2029.

The company’s new facility in Singapore will be designed for manufacturing antibody drug conjugates (ADCs) to enhance the global supply of its ADC portfolio, it said in a statement. ADCs are a form of next-generation treatment that can deliver highly potent cancer-killing agents directly to cancer cells through a targeted antibody.

EXPLOSION: A driver who was transporting waste material from the site was hit by a blunt object after an uncontrolled pressure release and thrown 6m from the truck

ASML Holding NV’s new advanced chip machines have a daunting price tag, said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), one of the Dutch company’s biggest clients.

Intel Corp is in advanced talks with Apollo Global Management Inc over a deal that would have the investment firm providing more than US$11 billion in funding for a chip manufacturing plant in Ireland, the Wall Street Journal reported yesterday.

AMSTERDAM, May 14 (Reuters) - Taiwanese chipmaker TSMC, opens new tab plans to start construction of its first European facility in the fourth quarter of 2024, it said on Tuesday.
At a conference in the Netherlands, TSMC's European chief Paul de Bot said the facility in the German city of Dresden, known as European Semiconductor Manufacturing Co (ESMC), was on track for construction to begin this year with production in 2027.

Proposed Investment of Approximately $120 Million From CHIPS and Science Act Would Build on Minnesota’s Decades-Long History in the Semiconductor Industry and Create over 160 Jobs

SANTA CLARA, Calif., May 13, 2024 – Intel Corporation today announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry. O'Buckley starts today and becomes a member of Intel’s executive leadership team reporting to CEO Pat Gelsinger. He succeeds Stuart Pann, who will retire from Intel after 35 years of service at the end of May and remain an adviser to support a seamless transition.

SEOUL, May 12 (Reuters) - South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a "war" in the semiconductor industry.