1st Silicon secures funding for fab equipment

Sarawak, Malaysia–1st Silicon Sdn. Bhd. has secured US$93.75 million in financing from a diverse group of international financial institutions to purchase equipment for its 200mm wafer fab plant located in Kuching, in the Malaysian State of Sarawak.

“1st Silicon is very pleased with the commitment from the international financial community and the high confidence shown to our company and its operations,” says Claudio G. Loddo, 1st Silicon’s CEO. “The participation and support of the financial institutions, as this venture progresses steadily toward volume production, signifies their enthusiasm in sustaining the semiconductor manufacturing industry potential in Sarawak.”

The 1st Silicon fab, with a full capacity in excess of 30,000 wafers per month, became operational during Q3 this year. Qualification is continuing through Q4. The facility is scheduled to begin volume production in Q1 2001, with 0.25-micron digital and mixed-signal CMOS technology. Geometries of 0.18-micron and below will soon follow, the company reports.

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