• On Wednesday, Micron held a ceremony for a new factory in Xi’an, highlighting the company’s commitment to the Chinese market.
  • Micron has been continuously investing in the Chinese market for over 20 years, with operations in Beijing, Shanghai, Xi’an, and Shenzhen, Guangdong.
  • Micron will work with local suppliers to build a better ecosystem around the plant to help the company fulfil orders faster.

Micron held a groundbreaking ceremony for its new factory in Xi’an, showing the company will strengthen its collaboration with the local supplier ecosystem in China.

Business in China

As mentioned by Sanjay Mehrotra, president and CEO of Micron, the US company has been continuously investing in the Chinese market for over 20 years, with a presence in Beijing, Shanghai, Xi’an, and Shenzhen, Guangdong province.

“Together, we will continue to share the future of the semiconductor industry here in China and across the globe. The best is yet to come,” Mehrotra said.

Manish Bhatia, executive vice-president of global operations at Micron believes there are many different innovations in China in terms of customer-oriented products, which are an important part of Micron’s global business.

“There’s a huge appetite for newer technology solutions in China. And we want to be able to support that desire from Chinese consumers for leading-edge products and support our customers who want to use them,” Bhatia said.

Also read: Micron hits record high as AI demand powers strong forecast  

Micron‘s investment in Xi’an

Micron said it will set up new engineering labs in Xi’an to shorten the time taken to serve customers.

Meanwhile, the company will be working with local suppliers to develop a better ecosystem around that factory and help the company execute its orders faster.

The US company’s total investment so far in Xi’an has exceeded 11 billion yuan (US$1.5 billion), and the recent additional investment plan of 4.3 billion yuan (US$5.3 billion) emphasizes Micron’s ongoing commitment to its local customers, the company said.

Micron first announced the plan in June last year. The investment will be used to open a new chip production line to strengthen the packaging and testing capabilities of its Xi’an plant.

The new production line is expected to be completed in 2025, Micron said, and the company expects production from the new line to continue to increase through the second half of 2025.