Micron Completes Acquisition of PSMC's Tongluo P5 Site in Taiwan
Micron Technology, Inc. announced it has completed the acquisition
and assumed ownership of Powerchip Semiconductor Manufacturing Corporation's
(PSMC) P5 site in Tongluo, Miaoli County, Taiwan, pursuant to the acquisition
agreement announced on January 17, 2026.
The
new site will complement Micron's existing operations in Taiwan as an extension
of the company's vertically integrated mega campus in Taichung, located
approximately 15 miles away. The site includes approximately 300,000 square
feet of existing 300mm cleanroom space and will support Micron's efforts to
expand the supply of leading-edge DRAM products, including HBM, to meet growing
AI-driven demand.
Micron
began preparations for the new Tongluo site following the deal announcement in
January 2026 and will begin retrofitting the existing cleanroom now that the
transaction has been completed. The new Tongluo site is expected to support
meaningful product shipments from the existing fab beginning in fiscal 2028.
The company is also planning the next phase of expansion at the site, with
construction set to begin by the end of fiscal 2026 on a second facility of
comparable scale, adding approximately 270,000 square feet of cleanroom space.
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