HANMI Semiconductor announces on the 2nd that it establishes a local subsidiary, HANMI Singapore, in the Woodlands area in northern Singapore. Kwak Dong-shin, Chairman of HANMI Semiconductor (center), is cutting the tape at the local subsidiary inauguration ceremony. /Courtesy of Yonhap News

HANMI Semiconductor said on the 2nd that it has established its local subsidiary, Hanmi Singapore, in the Woodlands area in northern Singapore.

Hanmi Singapore plans to deploy skilled engineers to provide immediate service in step with U.S. semiconductor corporations Micron's production expansion.

Micron produces NAND flash in Singapore and has decided to build a high-bandwidth memory (HBM) plant in Woodlands with an investment of about $7 billion (10.22 trillion won).

In Singapore, in addition to Micron, numerous global semiconductor corporations operate production facilities, including U.S.-based GlobalFoundries, Taiwan's UMC and ASE, Germany's Infineon, and Switzerland's STMicroelectronics.

HANMI Semiconductor operates a total of four overseas subsidiaries, including Hanmi Singapore, Hanmi Taiwan, Hanmi China, and Hanmi Vietnam.

Chairman Kwak Dong-shin of HANMI Semiconductor said, "Through the Hanmi Singapore local subsidiary, skilled professional engineers will provide Micron with the best close-knit service to maximize customer satisfaction."

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