Lu has been quoted as saying that Macronix has paid the estimated expenditure, including NT$ 8.5 million that Macronix had paid to its former owner PROMOS Technologies. The company will allocate NT$21.4 billion for the fab and NT$11 billion for new equipment. Meanwhile, an amount of NT$4.4billion would be earmarked for R&D and NT$6 billion for capacity expansion.

The new capacity will be used to produce 45 nm ROM products and 75 nm NOR flash memory. Lu added that the company’s 12-inch fab will go on stream with an expected monthly capacity of 10,000 wafers by June 2011. It is expected to achieve the target of 20,000 wafers by the end of the year. Macronix is to apply for NT$15 billion syndicated bank loan in the second half 2010, Lu added.

The fund will be used for capex during 2010-11. Lu revealed these during the company’s quarterly investors’ conference on July 27. Macronix has shown growth in net profits of NT$2.28b billion on revenues of NT$ 7.33 billion during the second quarter of 2010.