Aug. 15, 2002 – Santa Clara, CA – National Semiconductor Corp. has signed a MoU with the Suzhou Industrial Park Administrative Committee to lease 36 acres of land for an assembly and test plant in China’s Suzhou Industrial Park.
Construction of the new IC manufacturing facility in east China’s Jiangsu Province is expected to begin in November 2002. The facility is expected to be up and operational, with around 500 employees, in 2004.
As part of this expansion into China, National Semiconductor expects to invest up to $200 million for construction, equipment, facilities, and personnel during the next five years.