Caixin
Mar 29, 2024 05:51 AM
BUSINESS

Micron Starts Construction of New Plant in Xi’an

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Micron holds the groundbreaking ceremony on March 27 for its new plant in Xi’an
Micron holds the groundbreaking ceremony on March 27 for its new plant in Xi’an

Micron Technology Inc., America’s largest memory-chip maker, Thursday kicked off construction of a new semiconductor packaging and testing plant in Xi’an, northwest China’s Shaanxi province, eyeing production to begin in the second half of 2025.

The facility is part of a 4.3 billion yuan ($602 million) investment plan announced by Micron last year, signifying the U.S. firm’s deepening commitment to the China market.

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