Marvell founders launch $2 billion chips foundry in Singapore

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

SINGAPORE (Reuters) - Singapore-based Silicon Box opened a $2 billion advanced semiconductor manufacturing foundry in the city-state on Thursday, as it seeks to broaden adoption of "chiplet" technology.

The two-year old startup said in a statement that the 73,000-square metre factory would create over 1,000 jobs with support from Singapore's Economic Development board.