Micron selling Ang Mo Kio facility for US$30m
Sale to STMicroelectronics is for building facilities and tools; plant being used for 200mm flash products which Micron will eventually discontinue
Kalpana Rashiwala
Singapore
US-BASED global semiconductor company Micron Technology is selling its wafer fabrication facility along Ang Mo Kio Avenue 12 to STMicroelectronics for US$30 million or S$40.9 million.
The facility comprises two buildings - one is three storeys high and the other, six storeys with a basement - sitting on a total land area of 35,840 square metres (385,778 sq ft) and with a gross floor area of 65,340 sq m (703,313 sq ft).
Copyright SPH Media. All rights reserved.