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

TAIPEI, June 28 (Reuters) – Taiwan’s GlobalWafers Co Ltd (6488.TWO) 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-milimetre silicon wafers, would start being built later this year and generate as many as 1,500 jobs in Sherman, Texas.

Read More: https://www.reuters.com/technology/taiwans-globalwafers-invest-5-bln-new-silicon-wafer-plant-texas-2022-06-28/