Taiwan's GlobalWafers Secures U.S. Funding to Build Two Semiconductor Fabs
Taiwan's GlobalWafers, the world’s third largest producer of silicon wafers, has secured nearly US$400 million in funding to build two new fabs in the U.S.
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00:00The United States will soon start producing more silicon wafers for the global semiconductor
00:05industry.
00:06Taiwan-headquartered Global Wafers, the world's third-largest supplier of silicon wafers,
00:12has secured nearly 400 million U.S. dollars in funding from the U.S. government.
00:17The company will use that money to build two new factories in the U.S.
00:22One of the complexes is planned for Texas and will focus on making 12-inch silicon wafers.
00:27It will be the first to be built in the U.S. in more than 20 years.
00:31The projects are part of a U.S. government initiative to invest in chip production.