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, …
GlobalWafers Co., a Taiwan-based technology company, unveiled a plan on Monday to build a $5 billion factory in Sherman, Texas, to manufacture silicon wafers, a key material used in the production of semiconductors. The investment, which would receive U.S. government support should Congress pass pending legislation, will contribute to a U.S. effort to boost domestic production of advanced semiconductors and …