$3.5 Billion Investment: Singapore Startup to Build a New Chip Plant in Italy
#1

Additionally, the project anticipates around 4 billion euros in expected operational costs spread over a 15-year period to create 1,600 jobs expected at full capacity.
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https://techovedas.com/3-5-billion-inves...-in-italy/
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#2

(11-03-2024, 10:20 PM)Kumarp Wrote:  Additionally, the project anticipates around 4 billion euros in expected operational costs spread over a 15-year period to create 1,600 jobs expected at full capacity.
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https://techovedas.com/3-5-billion-inves...-in-italy/



over 15 years.................this company won't even last that long............ Rotfl
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#3

(11-03-2024, 11:01 PM)Napoleon Porlumpar Wrote:  over 15 years.................this company won't even last that long............ Rotfl

Everyone is going East to setup in Malaysia while this idiot going west?

"United Kingdom-based business newspaper Financial Times reported that dozens of companies have set up operations in Peninsular Malaysia in the last 18 months, especially in Penang, such as American chip giants Micron and Intel, European semiconductor companies AMS Osram and Infineon, and Suzhou-based Fengshi Metal Technology.

“It’s a rush. It’s not only Chinese companies [setting up in Penang]. It’s Korean, it’s Japanese, and it is Western."
https://malaysia.news.yahoo.com/ft-amid-...%20Western.
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#4

before you guys comment any more please do a background check of this company. It is started by people who started Marvell a big semi con company listed on Nasdaq. it has backing of many big players with deep pockets. These are serious players.

they are in Singapore mainly for tax reasons ....none of their top people are Singaporeans  ...the top 3 people are a Chinese woman who is married to the founder who is Indian and CEO is Korean.

the company is making next generation of silicon packaging  known as chiplet texhnology where you pack multiple chips into a single one to save space. They are leaders in this area that will be around for next decade.

they went to Europe because they want to be part of supply chain starting from Europe. they already have one in Asia. 

if this company IPO, you should buy it because it is a market leader that will be around for a long time

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