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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

Micron's facility along Ang Mo Kio Avenue 12. Its total land area is 35,840 sq m; the bulk of the site has a balance land tenure of 10 years with the rest of it, 27 years.


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...