Will complement their existing FAB.
www.straitstimes.com
Along with the new GF FAB and I think Micron investment.
SG Govt trying to stay in the game.

Semiconductor firm UMC to build new $6.8 billion wafer fab facility in Singapore
The new facility will be built next to its existing plant, known as Fab12i, in Pasir Ris. Read more at straitstimes.com. Read more at straitstimes.com.
Along with the new GF FAB and I think Micron investment.
SG Govt trying to stay in the game.