Foxconn planning $9 billion 300mm chip plant in China

Posted on Monday, December 31 2018 @ 11:23 CET by Thomas De Maesschalck
Foxconn logo
Word is going around that Foxconn plans to build a $9 billion chip manufacturing plant in the city of Zhuhai in southern China. Foxconn has never been in the chip production business before, but the company thinks it's a natural fit for the rest of its business. A report by Nikkei claims the Taiwanese electronics manufacturing giant plans to break ground in 2020 on a 300mm chip fab. Reports also indicate Foxconn intends to enter the foundry market, offering competition to TSMC, Samsung, and GlobalFoundries.
Last week, Nikkei reported that Foxconn plans to build chipsets for ultra high-definition televisions and CMOS image sensors for phones in Zhuhai, with hopes to eventually expand into production of higher value chips for robotics and autonomous vehicles. Nikkei reported that Foxconn will also enter the foundry market, offering to build chips designed by other semiconductor companies.
Via: EE Times


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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