The supplier of machines that make semiconductors will invest $259 million to expand its presence here.
KLA's move is part of a $259 million plan to expand its presence here and make products for Asian and global customers.
California-based KLA set up in Singapore with a sales and service office in 1996 and started manufacturing in 2006. It now employs about 1,500 people and has its regional headquarters here. Deputy Prime Minister Gan Kim Yong said at the KLA ceremony that Singapore accounts for about 20 per cent of the global market share for semiconductor equipment.
“We hope this will, in turn, drive companies such as KLA to deepen their investments into Singapore, to drive the growth of our semiconductor equipment industry, and generate good jobs for Singaporeans.” Mr Gan said KLA’s expansion will also offer more opportunities for local firms to collaborate with KLA in niche areas such as precision cleaning and manufacturing of metal parts used in optics assemblies.
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