Hyundai hangs on to mothballed plant

Hyundai this week gave a lukewarm response to alternative plans being put forward for the future of its mothballed semiconductor plant in Dunfermline, Fife. Senior electronics industry figures have proposed converting the factory into a high-tech foundry where a diverse cluster of electronics processes are undertaken by a number of partners. There have even been […]

Hyundai this week gave a lukewarm response to alternative plans being put forward for the future of its mothballed semiconductor plant in Dunfermline, Fife.

Senior electronics industry figures have proposed converting the factory into a high-tech foundry where a diverse cluster of electronics processes are undertaken by a number of partners. There have even been suggestions from other quarters that the £864m plant be turned into a sports centre.

‘Frankly, such proposals are non-starters,’ said a source close to the Korean conglomerate.

‘Hyundai wants the facility kept for its original purpose and hopes to resurrect the project once the chip market recovers.’