France’s Soitec doubles down on Singapore with more investment dollars, job creation

(BT Exclusive)

FRENCH chipmaker Soitec is raising its game in Singapore, just a year after it announced a multi-million dollar upgrade for the Pasir Ris factory to ramp up output.

The company plans to plough an additional 400 million euros (S$570 million) into an extension for the factory that will double its size. Half the funds will go towards construction, while the rest will be spent on tools and equipment.