MEMS and IC foundry SilTerra to invest $150 million to increase fabrication capacity

SilTerra, Malaysia's largest semiconductor wafer foundry, is investing $150 million in an expansion plan that will increase its annual capacity by 20%. The investment, sourced from both capital injections by shareholders and internally generated funds, will increase SilTerra's annual capacity from 8.3 million to 10 million mask layers. The additional capacity is expected to be ready for production by early 2023. According to Tan Sri Syed Zainal Abidin Syed Mohamed Tahir, Group Managing Director of DNeX, and also Executive Chairman of SilTerra, the investment is the shareholders' on-going commitment to equip the company with best-in-class manufacturing capabilities and expand the production capacity to achieve a better economy of scale, with lower manufacturing costs.