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France’s Soitec doubles down on Singapore with more investment dollars, job creation
Published Tue, Jul 12, 2022 · 05:50 AM
(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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