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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62418)	3/28/2002 12:44:25 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Semi Equip vendor, Ferrotec/Toshiba/Mitsui to establish silicon wafer plant in Shanghai -- AFX - Asia, 3/27/2002 e-insite.net Ferrotec Corp, Toshiba Ceramics Co Ltd and Mitsui & Co Ltd plan to invest a combined 1.2 bln yuan to build a monocrystal silicon wafer production line in the Shanghai Baoshan Municipal Industrial Park, the Shanghai Daily reported. Monocrystal silicon wafer is a raw material used in the production of integrated circuits. "We chose Shanghai because of its cheap labour and abundant pool of talent in the high-technology field," Toshio Mitsuno, an executive at Toshiba Ceramic, said. The venture partners will invest 200 mln yuan in the first phase of construction of the plant, which will be operated by Ferrotec subsidiary Shenhe Thermo-Magnetic Electronics Co Ltd. In its first phase, the plant will have capacity to produce 50,000 wafers per month. Construction of phase one will begin next month, and the plant is scheduled to begin operations in August. The second phase construction, scheduled to begin in October of next year and end in 2004, will require investment of a further 1 bln yuan, the paper said. This will raise the plant's monthly capacity to 400,000 wafers. The plant will produce 6-inch wafers in its initial phase, and will subsequently produce 8-inch wafers. Products made at the plant will be exported to Japan, with the majority being supplied to Toshiba Ceramics.