To: sixty2nds who wrote (26817 ) 11/11/2005 11:10:19 AM From: Donald Wennerstrom Read Replies (1) | Respond to of 95757 New Facility to Meet Growing Global Demand For High Performance Analog ICs SINGAPORE, Nov. 11 /PRNewswire-FirstCall/ -- Linear Technology Corp. (Nasdaq: LLTC) today opened the company's second semiconductor test facility in Singapore. The additional space for staff, equipment and materials will allow the company to more than double its current production capacity. This will strengthen Linear Technology's ability to meet the growing demand for high performance analog integrated circuits worldwide. The new 124,000-sq-ft facility is located beside Linear Technology's present 84,000-sq-ft facility at Yishun Industrial Park A. Besides manufacturing, the facility will also serve as a major warehouse and distribution center for customers worldwide. US-based Linear Technology established its first offshore facility in Singapore in 1989. The company's local facilities provide test capability for approximately 90 percent of the company's global demand. Mr. Robert Swanson, Executive Chairman of Linear Technology Corporation, who flew to Singapore for the opening, said, "The facilities in Singapore are vital components of our global manufacturing operations. Given the excellent conditions for growth in the region, as well as the skill and dedication of our employees here, Singapore will remain as the headquarters and focal point for all Linear Technology activities in Asia. We will continue to enhance our capabilities here to deliver advanced technology solutions to rapidly growing markets around the world." Singapore's Minister for Trade and Industry, Mr. Lim Hng Kiang, who officiated the opening of Building Two, said: "We are glad that Linear Technology has expanded its facilities here in Singapore. Linear's expansion represents a strong endorsement of Singapore's capabilities in analog and mixed-signal IC design. With our existing strengths in this sector, Singapore is well poised to help companies like Linear grow both domestically and internationally." The new facility has been designed with two additional phases of expansion, capable of doubling the size of the facility to 210,000-sq-ft. When completed, Linear Technology will have invested upwards of S$100 million in the Singapore facilities. The Company expects to double its present workforce of more than 600 when operating at full capacity. Globally, Linear Technology has experienced a 30 percent increase in annual revenue over the last year to cross the US$1 billion mark for fiscal year 2005. Asia represents a fast growing and significant portion of the company's overall sales. Today, Linear Technology's operations in Singapore span test and end-of-line operations, Asia Pacific sales management, design and warehousing, as well as distribution to customers worldwide.