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TI opens China fab

Posted: 19 Oct 2010 ?? ?Print Version ?Bookmark and Share

Keywords:semiconductor? manufacturing? wafer?

Texas Instruments Inc. has begun operating a wafer fabrication facility in the Chengdu High-Tech Zone in China. This is the company's first semiconductor manufacturing plant in the country.

TI bought the facility from Cension Semiconductor Manufacturing Co. The fully-equipped 200mm manufacturing facility includes an operating 11,150m2 fab that can support more than $1 billion in annual revenue and a 12,500m2 fab reserved for future production needs.

The move aims to bring TI closer to an increasing number of China customers.

Shares of Texas Instruments rose 41 cents to $28.72 in trading Friday.

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