ALLENTOWN, Pa.-Lucent Technologies Inc.’s Microelectronics Group and Chartered Semiconductor Manufacturing will invest $700 million during the next five years to jointly develop manufacturing technologies for future generations of integrated circuits targeted at high-growth communications markets.
As part of the joint development activities, the companies will staff a new Bell Labs research and development team on Chartered’s Woodlands campus in Singapore. These scientists and engineers will work with Bell Labs teams in Murray Hill, N.J., and Orlando, Fla., as well as with Chartered’s technology development organization, creating a 600-person R&D team.
Lucent said the chips will be at the heart of the broadband and mobile Internet infrastructure, as well as information appliances such as personal digital assistants that provide wireless Internet access and full-motion video capability.
The two companies also agreed to investigate establishing a development lab in Singapore for 300-millimeter wafer manufacturing strategies, with potential to further increase chip-manufacturing volume and lower production costs.
