Micron plans to invest more than $5 billion in a new DRAM chip factory in Hiroshima Prefecture, Japan, which is expected to be operational as soon as 2027. The investment plan is expected to cost between 600 billion and 800 billion yen, or about $5.1 billion.
Micron Technology's investment scale of more than 5 billion US dollars shows its in-depth layout and long-term plan for the Japanese market. The huge investment will be used to purchase advanced production equipment, build modern factories and attract and train excellent engineers and technicians, and the establishment of the new factory will further enhance Micron's competitiveness in the global DRAM chip market.
According to Micron Technology's plan, the construction of the new plant will start in early 2026, and it is planned to install advanced EUV (extreme ultraviolet) equipment to improve production efficiency. During the intensive construction process, Micron Technology will ensure that the project proceeds smoothly according to the established plan. It is expected that by the end of 2027 at the earliest, this new DRAM chip factory will be officially put into operation, providing more high-quality DRAM chip products to the global market.
Figure: Micron's new plant will be put into operation as soon as 2027
It is reported that Micron Technology's construction of a factory in Japan has received strong support from the Japanese government. The Japanese government has approved subsidies of up to 192 billion yen to Micron Technology to support the construction and operation of the new plant. The subsidy will be used to introduce advanced production equipment, train technical personnel and promote the development of related industrial chains. In addition, with the rapid development of artificial intelligence, big data and other technologies, the market demand for DRAM chips continues to grow. Micron's construction of a factory in Japan will help meet market demand and bring broader market prospects to the company.
Micron Technology has a deep industrial foundation and technological advantages in Japan. As early as 2013, Micron Technology acquired Elpida Memory, a former DRAM manufacturer in Japan, thus accumulating rich production experience and technical reserves in Japan. Today, Micron Technology has more than 4,000 engineers and technicians in Japan, who will support the construction and operation of the new plant. In addition, Japan has the world's leading technology level and industrial chain advantages in the semiconductor industry, and Micron Technology will be able to make full use of these advantageous resources to further enhance the company's technical level and market competitiveness.
Micron's investment of more than $5 billion in Japan is an important part of the company's strategic layout in the global DRAM chip market. This move will accelerate the company's layout and expansion in the Japanese market, and will also promote the development of the global semiconductor industry. With the completion and commissioning of the new plant, Micron Technology will provide more high-quality DRAM chip products to the global market and further consolidate its leading position in the global semiconductor industry.
