Taiwan's GlobalWafers will spend $5 billion on a new plant in Texas to make silicon wafers used in semiconductors. The new plant will manufacture 300-millimeter silicon wafers and will start being built later this year, generating as many as 1,500 jobs in Sherman, Texas.
Chairwoman and CEO Doris Hsu said, “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-milimetre silicon wafer factory. Instead of importing wafers from Asia, GlobalWafers USA (GWA) will produce and supply wafers locally.”
The investment will be done phase by phase based on confirming actual customer demand. In February, GlobalWafers said it expected its total capital expenditure to reach T$100 billion ($3.4 billion) between 2022 and 2024, redirecting funds for a now-ended 4.35-billion-euro ($4.60 billion) takeover of Germany's Siltronic.
The United States has been encouraging foreign tech firms to manufacture in the country, and the government welcomed the move, with U.S. Secretary of Commerce Gina Raimondo saying it would strengthen economic and national security.
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