Fujitsu Expands Flash-Memory Production in its Gresham, Oregon, Facility to Meet Requirements of the Robust Mobile Market Company Will Invest More Than $500 Million in the Next Two Years and Add 300 Employees Over the Next Three Years GRESHAM, Ore.--(BUSINESS WIRE)--May 3, 2000-- Fujitsu Limited and Fujitsu Microelectronics, Inc. (FMI) today announced that production of flash-memory products will be expanded at FMI's Gresham, Oregon, manufacturing facility to meet the needs of the robust mobile products market.
``Fujitsu plans to invest $550 million in the next two years and hire 300 more employees at Gresham over the next three years,'' said Takashi Yabu, general manager of FMI's Gresham Manufacturing Division. This would raise total employment at the plant to about 800 by the year 2002.
Worldwide Memory Strategy
The Gresham wafer-fabrication facility started operation in October 1988 to produce leading-edge Dynamic Random Access Memory (DRAM) products. In 10 years' time, the factory was expanded to a 545,000-sq.ft. facility, twice the size of the original plant. Responding to a continuing downturn of the DRAM market, in 1998 Fujitsu began shifting the focus of its worldwide memory strategy from PC main memory to flash memory and high-speed memory products such as Fast Cycle RAM(tm) (FCRAM).
As part of the realignment of its global semiconductor manufacturing operations, Fujitsu decided to introduce flash memory production at Gresham. Fujitsu initially planned to expand the capacity of Gresham's flash-memory production line to 10,000 wafers per month. According to Kazunari Shirai, group president of Fujitsu's Electronic Devices Group in Japan, ``the company decided to triple the goal, to 30,000 wafers per month, to meet the robust demand for flash memory in cellular phones, handheld wireless devices and other mobile products.''
The Gresham production plan will take place under a wafer-foundery arrangement with Fujitsu AMD Semiconductor Limited (FASL). FASL is a joint-venture company established in 1993 between Fujitsu Limited and Advanced Micro Devices (AMD) Inc.
``Gresham will be one of Fujitsu's major flash-memory facilities and one of the most significant such facilities in the United States,'' said Shirai. ``Along with our FASL factories in Japan, we expect that Gresham will play an important role in Fujitsu's worldwide flash-memory operation.''
Corporate Information
Fujitsu Limited (TSE: 6702) is a leading provider of Internet-based information technology solutions for the global marketplace. Comprising over 500 group companies and affiliates worldwide -- including ICL, Amdahl and DMR Consulting -- it had consolidated revenues of 5.26 trillion yen ($49.6 billion) in the fiscal year ended March 31, 2000. Fujitsu's pace-setting technologies, world-class computing and telecommunications platforms, and global corps of over 60,000 systems and services experts make it uniquely positioned to harness the power of the Internet to help its customers succeed. Altogether, the Fujitsu Group has 188,000 employees and operations in over 100 countries. Home page: fujitsu.co.jp.
Fujitsu Microelectronics, Inc. designs, markets and manufactures a comprehensive portfolio of advanced semiconductors and electronic devices. For product information, call 800/866-8608 or visit the web site at fujitsumicro.com. |