Micron completes PSMC Tongluo fab site acquisition

Key Takeaways

• Micron Technology, Inc. has completed the acquisition of Powerchip Semiconductor Manufacturing Corporation's (PSMC) P5 site in Tongluo, Taiwan
• The new site will expand Micron's operations in Taiwan, complementing its existing mega campus in Taichung
• The site includes 300,000 square feet of 300mm cleanroom space and will support the production of leading-edge DRAM products
• Micron plans to begin retrofitting the existing cleanroom and start shipping products from the site in fiscal 2028
• A second facility is planned for construction by the end of fiscal 2026, adding 270,000 square feet of cleanroom space

Introduction to Micron's Acquisition

Micron Technology, Inc. has announced the completion of its acquisition of Powerchip Semiconductor Manufacturing Corporation's (PSMC) P5 site in Tongluo, Miaoli County, Taiwan. This acquisition is a significant move for Micron, as it expands the company's presence in Taiwan and strengthens its position in the global semiconductor market.

Details of the Acquisition

The acquired site includes approximately 300,000 square feet of existing 300mm cleanroom space, which will be used to support the production of leading-edge DRAM products, including High-Bandwidth Memory (HBM). The site is located approximately 15 miles away from Micron's existing mega campus in Taichung, Taiwan, and will serve as an extension of the company's vertically integrated operations in the region.

Comparison of Micron's Facilities

Expansion Plans

Micron has begun preparations for the new Tongluo site, with retrofitting of the existing cleanroom expected to start immediately. The company plans to begin shipping products from the site in fiscal 2028. Additionally, Micron is planning the next phase of expansion at the site, with construction set to begin by the end of fiscal 2026 on a second facility of comparable scale, adding approximately 270,000 square feet of cleanroom space.

Conclusion and Support

Micron has expressed its gratitude to PSMC, the Taiwan central government, and local authorities for their support and collaboration throughout the acquisition process. The company is committed to leveraging the efficiency and speed of execution fueled by the world-class semiconductor manufacturing ecosystem in Taiwan.

Bottom Line

Micron's acquisition of the PSMC Tongluo fab site is a strategic move to expand its operations in Taiwan and increase its supply of leading-edge DRAM products. With the new site expected to support meaningful product shipments in fiscal 2028 and a second facility planned for construction, Micron is well-positioned to meet the growing demand for AI-driven semiconductor products. The company's commitment to the Taiwan semiconductor ecosystem and its partnerships with local authorities will be crucial in driving the success of this new site.