2/4/2004 - Xilinx, Inc. (NASDAQ:XLNX), the world's leading supplier of programmable logic solutions and among the largest fabless companies, announced the selection of Singapore to be home to its regional headquarters for Asia Pacific and Japan. With ten offices and over 150 employees located throughout the region, the company plans to establish its Singapore headquarters with more than 200 employees over the next six years.
The Xilinx Asia Pacific headquarters will bring Xilinx closer to its customers and partners, facilitating the company’s growth in Asia at a time when regional demand for semiconductors – and programmable logic devices (PLDs) specifically – is rapidly increasing. Asia Pacific and Japan already account for more than 35 percent of the company’s total revenues in 2003, up from 13 percent just four years ago. Overall chip sales in Asia are expected to grow 20.9 percent to US$69.3 billion in 2004, according to the Semiconductor Industry Association.
“All indicators tell us that now is the right time for Xilinx to establish a fully functional regional hub in Asia. This will allow us to bolster our capacity, flexibility and presence as we continue to grow in the region,” said Wim Roelandts, chairman and CEO of Xilinx. “This announcement underscores the company’s commitment to Asia, which plays a prominent strategic role in Xilinx’s global expansion.”
The headquarters in Singapore will provide infrastructure and support to all of Xilinx’s activities in the region and will include facilities for research and development, product test engineering, logistics and warehousing. The Singapore headquarters team will carry out the company’s regional business operations including finance, sales operations, human resources, customer service and IT, and will be responsible for all aspects of marketing Xilinx products in the region. It will also provide customer support for customers of Xilinx in Japan, Korea, China, Taiwan, Hong Kong, Australia, New Zealand and, in the future, India.
“As demand for programmable logic devices continues to grow in Asia, Singapore is the base from which we will work with our partners and customers, in their own time zone and in their own language, ensuring the highest levels of product quality, customer service and sales support,” said Stacy Fender, general manager, Xilinx Asia Pacific. “Singapore not only offers one of the world’s most business-friendly infrastructures, but is a hub for complementary businesses, such as wafer fabrication, assembly and design, as well as home to some of our key partners like UMC (NYSE: UMC), Stats and UPS Warehouse. We’re appreciative of the flexibility demonstrated by the Economic Development Board of Singapore, which made Singapore a very attractive choice, and look forward to the overall benefits Xilinx will receive as a result of this important company decision.”
"We are delighted that Xilinx has chosen to set up its Asia Pacific regional headquarters here. We see this as a big boost for Singapore's semiconductor industry, and a vote of confidence for Singapore as an integrated manufacturing hub," said Teo Ming Kian, chairman of the Singapore Economic Development Board. "This is another great example of the kind of high value-added investments Singapore is increasingly attracting, as we continue to strengthen our manufacturing industries. Singapore is proud to welcome Xilinx, and we look forward to it growing and prospering through Singapore."
"Singapore has done an excellent job in establishing itself as a strong competitor in the global semiconductor industry," said Chris Chi, senior vice president at UMC and President of UMCi. "Its world-class infrastructure, highly-educated workforce, and innovative government support programs have attracted investment from some of the world's best companies. As one of the world's largest fabless semiconductor companies and a major UMC foundry customer, Xilinx's decision to establish its regional headquarters here is strong proof of Singapore's growing importance in the world of semiconductor technology. UMC wholeheartedly welcomes this announcement, which is highly complementary with our strategy to ramp up production capacity at UMCi, our state-of-the-art Singapore 300mm production facility."
UMC, a key Xilinx partner in Asia, initiated the development of its UMCi fab in Pasir Ris Wafer Park, Singapore in 1991. That fab is now in pilot production and is expected to ramp to 10,000 wafers per month by the end of 2004.
Xilinx is the world's leading supplier of programmable logic solutions, one of the fastest growing segments of the semiconductor industry. The company’s offering includes the highest-performing and lowest cost programmable chips, as well as a complete range of necessary supporting technology and technical support. The company employs over 2,600 people worldwide. Customers include Cisco Systems, Sony, Lucent Technologies, Nortel Networks, Agilent Technologies, IBM, EMC and NEC among others. For more information, visit www.xilinx.com.
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