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SINGAPORE: French semi-conductor company Soitec is going ahead with its S$700m wafer fab facility in Singapore.
It will be the firm's first manufacturing plant outside of France.
The facility has hired 100 staff and will need 400 more when it ramps up to full capacity in the coming years.
Soitec executives say there are no changes to these plans despite the current economic slowdown.
The manufacturing facility in Singapore will make silicon-on-insulator wafers, which are used in electronic devices such as game consoles and PCs.
It will be able to produce up to one million of such wafers a year.
- CNA/ir
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