Huaya 12-inch fab began construction; investment totaling nearly NT$80b

Huaya 12-inch wafer fab, a co-investment by Nanya Technology Corp. and Infineon, began construction on Dec. 2.  The investment on Huaya amounts to 2.2b euro (or nearly NT$80b), which is about the aggregate foreign investments in Taiwan for the past seven months.   The groundbreaking ceremony was co-hosted by Formosa Plastics Group chairman Wang Yung-ching and Infineon CEO Ulrich Schumacher.  President Chen Shui-bien also attended the ceremony. 

Huaya 12-inch fab is expected to start for production at end-2003, and its main process will be upgraded to 90-70 nanometers.  It is expected to produce 20,000 chips per month in 2004, and increase the monthly production to 50,000 chips in 2005, which is the equivalent output by six 8-inch fabs.  The market share of Infineon and Nanya together will then be raised to 40 percent.