Microns continued deep cultivation in the Chinese market will invest 4.3 billion

Nearly a month after the official ban in China ’s official ban, American memory chip manufacturer Meiguo said on Friday (June 16) that it would continue to work in the Chinese market and announced that it would invest 43 in the Xi'an plant 43RMB 100 million.

"Micron Meiguo Technology" public account on Friday stated that the Meiguo plans to invest more than 4.3 billion yuan (S $ 800 million) in Xi'an's packaging and test factory in the next few years.

The article also said that Micron has decided to acquire the packaging equipment of Licheng Semiconductor (Xi'an) Co., Ltd. (Licheng Xi'an). It also plans to build a new plant in the Meiguang Xi'an plant and introduce new and high -performance packaging packaging.And testing equipment to better meet the needs of Chinese customers.

Micron said that the new plant announced this time will introduce a new production line to manufacture mobile DRAM, NAND and SSD products to strengthen the existing packaging and testing capabilities of the Xi'an plant.

Wu Mingxia, general manager of Meiguang China, said that the acquisition of Licheng Xi'an assets enables Meiguang Xi'an to directly operate all packaging testing business.

According to the agreement reached by Micron and Licheng Xi'an, Li Cheng's equipment has been operating in the wholly -owned factory building of Meiguang since 2016. The agreement has expired.

Micron predicts that the acquisition of Licheng's project will be completed within about one year and must be approved by the Chinese regulatory authorities.

The article also said that Micron will sign a new labor employment contract with Liangcheng 1,200 employees in Xi'an.The new investment project will also add 500 jobs, which will increase Micron's total number of employees in China to more than 4,500 people.

Sanjay Mehrotra, President and CEO of Micron, said Micron has established a deep relationship with customers in China for 20 years, and will continue to support customers' innovation and development.The investment project demonstrates the unswerving commitment of Micron to Chinese business and Chinese team members. "

China prohibits certain local companies in the key information infrastructure industry from Micron on the grounds of national security risks at the end of May.Technology procurement storage chip.The ban will affect the sales of Meiguang Technology in China, and the company's sales of about 3 billion US dollars each year are from China.