The facility will house 12-inch (300mm) industry-grade tools that enable faster production and cost savings, and will be used as a shared resource. SINGAPORE: A new S$500 million (US$374 million) semiconductor fabrication research and development facility will be located in JTC nanoSpace @ Tampines and begin operations in 2027. To remain a semiconductor powerhouse, Singapore must invest in research and development to drive innovation in the industry, Deputy Prime Minister and Minister of Trade