Adjacent to its existing plant, the new building for Panasonic Semiconductor Asia Ltd. (PSCA) will cover a gross floor area of15,900 square meters and will be completed by the end of 2006. PSCA is also considering the establishment of another new building sometime in the next five years for further expansion of its assembly and test facilities.

In the new building, technologically advanced products such as System LSIs, including Ball Grid Arrays (BGA) and Land Grid Arrays (LGA) for use in Digital Television (DTV), Digital Still Cameras (DSC) and Mobile Communication Devices, will be produced, mainly targeting markets in Japan and Asia Pacific countries.

“Singapore has become a more attractive location for manufacturing activities,” said Akinobu Minagawa, managing director of PSCA. “It has sent a strong signal and boosted the confidence of manufacturers that the manufacturing sector will continue to receive strong support from the government.”

Susumu Koike, senior managing director and president of the semiconductor division of Matsushita Electric Industrial Co., Ltd, which owns Panasonic, said the basic management philosophy in operating overseas is not just to expand the business of both import and export between the two countries, but to contribute to the host country through a broad cooperation, such as making investment, transferring technologies, competitive products manufacturing, and the human development of local employees.