Taiwan’s GlobalWafers to invest $5 billion in new silicon wafer plant in Texas
2 years, 5 months ago

Taiwan’s GlobalWafers to invest $5 billion in new silicon wafer plant in Texas

The Hindu  

Taiwan's GlobalWafers Co Ltd will spend $5 billion on a new plant in Texas to make silicon wafers used in semiconductors, switching to the United States after a failed European investment. The company said late on Monday the new plant, manufacturing 300-millimetre silicon wafers, would start being built later this year and generate as many as 1,500 jobs in Sherman, Texas. "With the global chips shortage and ongoing geopolitical concerns, GlobalWafers is taking this opportunity to address the United States semiconductor supply chain resiliency issue by building an advanced node, state-of-the-art, 300-millimetre silicon wafer factory," Chairwoman and CEO Doris Hsu said. Taiwan Semiconductor Manufacturing Co Ltd, a major Apple Inc supplier and the world's largest contract chipmaker, started construction last year in Arizona where it plans to spend $12 billion to build a semiconductor factory.

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