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

Sharon See

Sharon See

Published Tue, Jul 12, 2022 · 05:50 AM
    • Soitec plans to plough an additional 400 million euros (S$570 million) into an extension for the factory that will double its size, said chief executive Paul Boudre. Half the funds will go towards construction, while the rest will be spent on tools and equipment.
    • Soitec plans to plough an additional 400 million euros (S$570 million) into an extension for the factory that will double its size, said chief executive Paul Boudre. Half the funds will go towards construction, while the rest will be spent on tools and equipment. YEN MENG JIIN, BT

    (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.

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