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Saturday, March 01, 2003
Fairchild facility in China up soon
By Jessica B. Natad
THE first phase of multinational Fairchild Semiconductor’s (FCS) 800,000-square-foot assembly, test and warehouse facility in Suzhou, China will be completed by the second quarter of this year.
More than 250 employees are now being trained to bring the plant into production quickly, according to a statement.
Fairchild, which has an assembly plant at the Mactan Economic Zone 1, expects to save as much as 30 percent on assembly and test costs with the new facility.
The Suzhou plant is key to the company’s global strategy that includes more than doubling its sales in China by 2004.
According to the October 2002 issue of World Semiconductor Trade Statistics, IC (integrated circuits) consumption in China is expected to reach $28.7 billion by 2005.
Said Kirk Pond, president, chief executive officer and chairman: “This plant will be the first facility completely constructed by Fairchild.”
With the new factory, Fairchild will cut the amount of outsourced-assembly and test production required, balance the company’s dependence on outside contractors, ensure more effective cost control, enhance production ramps for new products, strengthen the logistic channel and provide needed assembly and test capacity.
To capture a large segment of the China market, FCS’s other initiatives include expanding alliances with key design houses to develop systems reference designs; increased market penetration in key high-growth sectors including consumer goods, ultrapor-tables, personal computing and telecom infrastructure; aligned product line resources to focus on China; and the launching of the leading- edge products for target segments.
(March 1, 2003 issue)
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