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Winbond shares drop 7 percent

CAPACITY GROWTH:The chipmaker for the first time since 2004 is to invest in a new factory, which is expected to bring 2,500 high-ranking jobs to Kaohsiung in 15 years

Taipei Times
Date: Sep 27, 2017
By: Lisa Wang  /  Staff reporter

Shares of memory chipmaker Winbond Electronics Corp (華邦電子) yesterday plunged 7 percent, as profit-taking selling pressure outweighed the company’s disclosure of a detailed construction plan for a NT$335 billion (US$11.09 billion) new plant in a bid to solve capacity constraints.

The world’s No. 3 NOR flash memorychip supplier said it plans to start construction on an advanced 12-inch chip factory in Kaohsiung in July next year at the earliest.

That would pave the way for the plant’s mass production of 20-nanometer or 25-nanometer niche DRAM chips and flash memory chips in 2020, it said.

The company also plans to eventually produce next-generation 14-nanometer chips at the plant, Winbond said.    [FULL  STORY]

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