Xilinx investing $40 million in Singapore operations
Programmable logic supplier Xilinx Inc. said Tuesday (Nov. 15) that it plans to invest $40 million to expand the company's Asia-Pacific headquarters in Singapore. The company plans to build a new 20,000-square-foot building with additional test and assembly manufacturing capacity in the Changi Business Park.
Xilinx (San Jose, Calif.) said the new building would quadruple the capacity of its on-site manufacturing facility, triple the in-house process development resources and house up to 500 employees. The building, scheduled to be completed in mid-2007, will support the Xilinx' growth plans in the Asia Pacific market, the company said.
"Based on our proven track record in Singapore over the past 18 months, we are confident that this new investment will strengthen our company's strategic position for long-term business success in the fastest growing semiconductor region in the world," said Kris Chellam, Xilinx senior vice president of corporate and enterprise services, at a groundbreaking ceremony attended by Singaporean government officials, Xilinx electronics manufacturing partners, representatives of academia and other invited guests.
Established in February 2004, Xilinx Asia-Pacific headquarters in Singapore currently employs 120 people. The operation has been testing and shipping programmable chips, including mainstream 130- and 90-nanometer devices, to customers across the region since April. The company's stated long-term goal is to have Xilinx Asia Pacific fulfill the majority of its customers' needs in Asia Pacific, including Japan.
According to independent research firm iSuppli, the Asia-Pacific semiconductor market (excluding Japan) is projected to grow from $88 billion in 2005 to $133 billion in 2009, and the Asia Pacific programmable logic market (excluding Japan) will grow from $762 million in 2005 to $1.1 billion in 2009.
According to Gartner Dataquest, Xilinx is the No. 1 programmable logic vendor in Asia-Pacific (excluding Japan) with 51 percent market share in 2004, approximately 57 percent more than its nearest competitor.
Xilinx said Asia-Pacific and Japan together account for nearly 40 percent of the company's total revenue.
- EE Times
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