US-based Micron Technology, a manufacturer of memory chips, will create 2,000 new jobs in Taiwan and establish R&D operations in the country. The company currently has three locations in Taiwan: two manufacturing facilities dedicated to producing dynamic random access memory chips in Taoyuan and Taichung and a third back-end facility in Taichung. The expansion will increase the company’s staff count in Taiwan by 20%, making it the largest foreign employer in the country.

Head of Micron Taiwan, Donghui Lu, explained that a priority will be “to accelerate tech deployment in Taiwan, including ramping up 1-beta nanometer node DRAM production by the end of this year and 1-gamma nanometer node DRAM in 2024”. He added: “Micron plans to focus on rapidly growing markets, including the automotive electronics, industrial devices and data centres.”

The global semiconductor shortage has hit tech companies and in response numerous semiconductor giants have announced plans to expand their production capacities. US-based Intel and Taiwan-based TSCM (Taiwan Semiconductor Manufacturing) have recently announced $20bn and $100bn investments, respectively, to increase their chip-making capacities.