|
New Fab to Compete Globally with 300-mm Wafers, Advanced Processes
DALLAS (October 25, 2004) -- Texas Instruments Incorporated (TI) (NYSE:
TXN), with an eye on future demand for its analog and digital semiconductor
products, will break ground November 18th on a large new semiconductor
manufacturing complex in Richardson, Texas. The 92-acre site, announced
as the planned location in June of 2003, is expected to employ up to 1,000
people when fully staffed. TI intends to build some of the world’s
most advanced semiconductor designs on 300 millimeter (12-inch diameter)
silicon wafers with TI’s 65 nanometer (nm) process technology in
the new facility’s clean room.
“Texas Instruments is one of the few semiconductor companies able
to leverage the significant advantages that come with closely linking
our chip design activity with manufacturing and process technology development,”
said Rich Templeton, TI president and chief executive officer. “Our
commitment to move forward with the new fab in Richardson attests to the
strength of TI and our customers as we focus on the communication and
entertainment-centric chip products driving the modern electronics era.”
Much as it did with its first 300-mm facility, DMOS6 in Dallas, TI plans
to construct the building and infrastructure ahead of market demand, followed
by stages of equipment installation as demand increases.
Investing in the Future of Texas
The selection of Richardson as the location for the plant was the result
of a unique collaboration between TI, leaders in the State of Texas, the
University of Texas System and several local governmental and economic
development entities. To continue investment in the region’s technological
future, more than $300 million in funding from a combination of private
and public sources will be directed to the Erik Jonsson School of Engineering
and Computer Science at the University of Texas at Dallas (UTD) in conjunction
with TI’s decision to build in the state. A portion of the funding
will come from the Texas Enterprise Fund established by the Texas Legislature
for economic development, infrastructure, community development, job training
programs and business incentives. TI also worked closely with the city
of Richardson, Collin County Community College District, Collin County,
and the Plano Independent School District on agreements that made the
Richardson site competitive with other worldwide locations.
“TI’s example can serve as a model for other companies as
they consider Texas as a site for their next investment. The jobs that
will result from this effort demonstrate how the Texas Enterprise Fund
can and does work to stimulate our economy,” said Texas Governor
Rick Perry.
Fab to Feature Latest Industry Innovations
When completed, the site will represent an expected investment of up to
$3 billion by TI over a multi-year period and be one of the most advanced
semiconductor manufacturing facilities in the world, producing a wide
range of digital signal processing (DSP) and analog-based system-on-chip
(SoC) devices for wireless, broadband and digital consumer applications.
The fabrication facility, or “fab”, will be the centerpiece
of over a million square feet of planned office, manufacturing and support
space that includes a clean room measuring more than 220,000 square feet.
In addition, the facility will be environmentally friendly, with a host
of features such as a rainwater storage pond, native landscaping, and
water reuse and recycling expected to reduce the water requirements for
the facility. Energy conservation features such as waste heat recovery,
natural day lighting, reflective roofing, and solar water heating should
reduce energy consumption and resulting emissions. Extensive use of recycled
materials and recycling of construction waste will also be employed. The
project is already registered with the U.S. Green Building Council’s
Leadership in Energy and Environmental Design (LEED) program.
# # #
About Texas Instruments
Texas Instruments Incorporated provides innovative DSP and analog technologies
to meet our customers' real world signal processing requirements. In addition
to Semiconductor, the company's businesses include Sensors & Controls,
and Education Technology. TI is headquartered in Dallas, Texas, and has
manufacturing, design or sales operations in more than 25 countries.
Texas Instruments is traded on the New York Stock Exchange under the
symbol TXN. More information is located on the World Wide Web at www.ti.com.
Safe Harbor Statement
Statements contained in this press release regarding construction of a
wafer fabrication facility and other statements of management's beliefs,
goals and expectations may be considered forward-looking statements as
that term is defined in the Private Securities Litigation Reform Act of
1995, and are subject to risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by these
statements. The following factors and the factors discussed in TI's most
recent Form 10-K could cause actual results to differ materially from
the statements contained in this press release: the market demand for
semiconductors and the availability of incentives and approvals relating
to construction and actual costs of construction and the cost to manufacture
wafers. We disclaim any intention or obligation to update any forward-looking
statements as a result of developments occurring after the date of this
press release.
Back to Top |
Samples & Purchase Cart
