Latest news with #GlobalWafers
Yahoo
17-05-2025
- Business
- Yahoo
GlobalWafers to spend additional $4B on US manufacturing
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. GlobalWafers Co. plans to spend an additional $4 billion on its U.S. manufacturing operations, the semiconductor maker announced Thursday at its 300mm silicon wafer manufacturing facility opening in Sherman, Texas. The funding includes growing its 142-acre Sherman campus, which provides space for the Taiwan-based company to increase capacity and keep up with other chip producers that have recently announced over $1 trillion in U.S. investments, such as IBM, TSMC, Apple and Nvidia. The Sherman facility's initial investment was $3.5 billion, and will serve as the flagship for GlobalWafers America. The site is also the company's largest silicon wafer facility, according to its website. As of Friday, the Sherman project created 1,200 construction and 180 permanent jobs, with plans to hire up to 650 engineering, technical and operational employees by the end of 2028, the company said in the release. The GlobalWafers' Texas facility is also a recipient of $406 million through CHIPS and Science Act funding. The company is one of the lucky few to inalize its funding contract before former President Joe Biden left the White House. The money will also go toward GlobalWafers' other U.S. facility in St. Peters, Missouri, operated through its subsidiary MEMC, which will produce 300mm silicon-on-insulator wafers. The 300mm wafers are critical for making semiconductors used in home appliances, automobiles, computers, cell phones and artificial intelligence technologies. The polished and epitaxial wafers eliminate surface contamination and improve the electronic devices' performance. Recommended Reading $400M in CHIPS funding goes to GlobalWafers
Time of India
16-05-2025
- Business
- Time of India
GlobalWafers opens new US factory; plans additional $4 bln investment
By Wen-Yee Lee TAIPEI: Taiwanese silicon wafer manufacturer GlobalWafers said on Friday it would invest an additional $4 billion in the United States to meet growing customer demand there, as it officially opened its new $3.5 billion wafer facility in Texas. "Our U.S. customers appear to have a very strong demand for U.S.-based production capacity," Doris Hsu, Chairperson of GlobalWafers, a TSMC supplier, told reporters. "Although tariffs (on semiconductors) have not been finalized...(U.S.) customers are hoping to secure local supply to reduce the potential uncertainties that tariffs may bring." The plant, GlobalWafers' most advanced fully integrated 300mm (12 inch) silicon wafer facility, is the first of its kind built in the U.S. in more than two decades and is currently the only advanced wafer manufacturing site in the country. Silicon wafers are critical components in chip manufacturing and larger wafers are widely used in advanced chip production as they allow for more chips to be produced per each wafer, increasing cost savings. At the opening ceremony held in Sherman, Texas, on Thursday, the company said it intends to add two more phases to the site to boost production capacity. It currently has one phase completed for production and a second phase is planned for construction in the 142-acre campus that is designed to accommodate up to six phases. Hsu said there is no set timeline for the additional two phases, but several conditions must be met before moving forward. "Phases one and two must be profitable, and we need to secure customers... who show strong interest in local production and are willing to sign long-term contracts," Hsu said. "We also need reasonable pricing, prepayments, and government support. If these conditions are met, we'll move ahead." The plant is part of the Biden administration-era CHIPS for America program and the company is set to receive $406 million in U.S. government grants for its projects in Texas and Missouri. Hsu said it has not yet received the U.S. funding but has reached key milestones and submitted the required documentation. Hsu expected the funds to be disbursed in the first half of this year. Reuters reported in February the Trump administration is seeking to renegotiate U.S. CHIPS and Science Act awards and has signalled delays to some upcoming semiconductor disbursements. U.S. President Donald Trump has repeatedly criticized the CHIPS Act and said in March U.S. lawmakers should get rid of it and instead use the proceeds to pay debt.
Yahoo
16-05-2025
- Business
- Yahoo
GlobalWafers opens new US factory; plans additional $4 billion investment
By Wen-Yee Lee TAIPEI (Reuters) -Taiwanese silicon wafer manufacturer GlobalWafers said on Friday it would invest an additional $4 billion in the United States to meet growing customer demand there, as it officially opened its new $3.5 billion wafer facility in Texas. "Our U.S. customers appear to have a very strong demand for U.S.-based production capacity,' Doris Hsu, Chairperson of GlobalWafers, a TSMC supplier, told reporters. "Although tariffs (on semiconductors) have not been finalized…(U.S.) customers are hoping to secure local supply to reduce the potential uncertainties that tariffs may bring." The plant, GlobalWafers' most advanced fully integrated 300mm (12 inch) silicon wafer facility, is the first of its kind built in the U.S. in more than two decades and is currently the only advanced wafer manufacturing site in the country. Silicon wafers are critical components in chip manufacturing and larger wafers are widely used in advanced chip production as they allow for more chips to be produced per each wafer, increasing cost savings. At the opening ceremony held in Sherman, Texas, on Thursday, the company said it intends to add two more phases to the site to boost production capacity. It currently has one phase completed for production and a second phase is planned for construction in the 142-acre campus that is designed to accommodate up to six phases. Hsu said there is no set timeline for the additional two phases, but several conditions must be met before moving forward. 'Phases one and two must be profitable, and we need to secure customers... who show strong interest in local production and are willing to sign long-term contracts,' Hsu said. 'We also need reasonable pricing, prepayments, and government support. If these conditions are met, we'll move ahead.' The plant is part of the Biden administration-era CHIPS for America program and the company is set to receive $406 million in U.S. government grants for its projects in Texas and Missouri. Hsu said it has not yet received the U.S. funding but has reached key milestones and submitted the required documentation. Hsu expected the funds to be disbursed in the first half of this year. Reuters reported in February the Trump administration is seeking to renegotiate U.S. CHIPS and Science Act awards and has signalled delays to some upcoming semiconductor disbursements. U.S. President Donald Trump has repeatedly criticized the CHIPS Act and said in March U.S. lawmakers should get rid of it and instead use the proceeds to pay debt.
CNA
16-05-2025
- Business
- CNA
GlobalWafers opens new US factory; plans additional $4 billion investment
TAIPEI :Taiwanese silicon wafer manufacturer GlobalWafers said on Friday it would invest an additional $4 billion in the United States to meet growing customer demand there, as it officially opened its new $3.5 billion wafer facility in Texas. "Our U.S. customers appear to have a very strong demand for U.S.-based production capacity,' Doris Hsu, Chairperson of GlobalWafers, a TSMC supplier, told reporters. "Although tariffs (on semiconductors) have not been finalized…(U.S.) customers are hoping to secure local supply to reduce the potential uncertainties that tariffs may bring." The plant, GlobalWafers' most advanced fully integrated 300mm (12 inch) silicon wafer facility, is the first of its kind built in the U.S. in more than two decades and is currently the only advanced wafer manufacturing site in the country. Silicon wafers are critical components in chip manufacturing and larger wafers are widely used in advanced chip production as they allow for more chips to be produced per each wafer, increasing cost savings. At the opening ceremony held in Sherman, Texas, on Thursday, the company said it intends to add two more phases to the site to boost production capacity. It currently has one phase completed for production and a second phase is planned for construction in the 142-acre campus that is designed to accommodate up to six phases. Hsu said there is no set timeline for the additional two phases, but several conditions must be met before moving forward. 'Phases one and two must be profitable, and we need to secure customers... who show strong interest in local production and are willing to sign long-term contracts,' Hsu said. 'We also need reasonable pricing, prepayments, and government support. If these conditions are met, we'll move ahead.' The plant is part of the Biden administration-era CHIPS for America program and the company is set to receive $406 million in U.S. government grants for its projects in Texas and Missouri. Hsu said it has not yet received the U.S. funding but has reached key milestones and submitted the required documentation. Hsu expected the funds to be disbursed in the first half of this year. Reuters reported in February the Trump administration is seeking to renegotiate U.S. CHIPS and Science Act awards and has signalled delays to some upcoming semiconductor disbursements.
Yahoo
16-05-2025
- Business
- Yahoo
GlobalWafers opens new US factory; plans additional $4 billion investment
By Wen-Yee Lee TAIPEI (Reuters) -Taiwanese silicon wafer manufacturer GlobalWafers said on Friday it would invest an additional $4 billion in the United States to meet growing customer demand there, as it officially opened its new $3.5 billion wafer facility in Texas. "Our U.S. customers appear to have a very strong demand for U.S.-based production capacity,' Doris Hsu, Chairperson of GlobalWafers, a TSMC supplier, told reporters. "Although tariffs (on semiconductors) have not been finalized…(U.S.) customers are hoping to secure local supply to reduce the potential uncertainties that tariffs may bring." The plant, GlobalWafers' most advanced fully integrated 300mm (12 inch) silicon wafer facility, is the first of its kind built in the U.S. in more than two decades and is currently the only advanced wafer manufacturing site in the country. Silicon wafers are critical components in chip manufacturing and larger wafers are widely used in advanced chip production as they allow for more chips to be produced per each wafer, increasing cost savings. At the opening ceremony held in Sherman, Texas, on Thursday, the company said it intends to add two more phases to the site to boost production capacity. It currently has one phase completed for production and a second phase is planned for construction in the 142-acre campus that is designed to accommodate up to six phases. Hsu said there is no set timeline for the additional two phases, but several conditions must be met before moving forward. 'Phases one and two must be profitable, and we need to secure customers... who show strong interest in local production and are willing to sign long-term contracts,' Hsu said. 'We also need reasonable pricing, prepayments, and government support. If these conditions are met, we'll move ahead.' The plant is part of the Biden administration-era CHIPS for America program and the company is set to receive $406 million in U.S. government grants for its projects in Texas and Missouri. Hsu said it has not yet received the U.S. funding but has reached key milestones and submitted the required documentation. Hsu expected the funds to be disbursed in the first half of this year. Reuters reported in February the Trump administration is seeking to renegotiate U.S. CHIPS and Science Act awards and has signalled delays to some upcoming semiconductor disbursements. U.S. President Donald Trump has repeatedly criticized the CHIPS Act and said in March U.S. lawmakers should get rid of it and instead use the proceeds to pay debt.
