Brief: SBI And Powerchip - Have Chosen Miyagi, Northern Japan As Location For Planned Fab

Powerchip Semiconductor Manufacturing

31/10/2023 04:59

Oct 31 (Reuters) - 
  
    * SBI AND POWERCHIP SAY HAVE CHOSEN MIYAGI, NORTHERN JAPAN
AS
LOCATION FOR PLANNED FAB
    * POWERCHIP SAYS HAS CONCLUDED A MEMORANDUM OF UNDERSTANDING
WITH
MIYAGI GOVERNMENT ON PREMISE OF RECEIVING GOVERNMENT SUBSIDY
    * POWERCHIP SAYS JAPAN FAB WILL MANUFACTURE CHIPS IN 28NM,
40NM
AND 55NM CATEGORIES WITH TARGETED MONTHLY OUTPUT OF 40,000
WAFERS
    * POWERCHIP SAYS RECEIVED PROPOSALS FROM OVER 30
MUNICIPALITIES

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