GlobalWafers Co., which provides silicon wafers to semiconductor producers, says it’ll make investments $3.6 billion in amenities in Asia, the United States and Europe after its try to accumulate Germany’s Siltronic AG failed.
Sunday’s announcement comes amid shortages of processor chips and different semiconductors which might be disrupting auto manufacturing, smartphone and different industries. Producers are asserting plans to increase output, which can enhance demand for wafers.
GlobalWafers’ bid to purchase Siltronic fell by after German regulators failed to finish a evaluation of the provide by a Jan. 31 deadline. The Taiwanese firm mentioned the 100 billion New Taiwan {dollars} ($3.6 billion) earmarked for the acquisition will go into increasing its production capacity as a substitute.
The firm. headquartered in Hsinchu, Taiwan, mentioned manufacturing ought to enhance within the second half of 2023 however gave no particulars of doable places.
GlobalWafers says it’s the world’s third-largest provider of silicon wafers utilized in semiconductors for info know-how, auto manufacturing and different merchandise. It has factories in Taiwan, Japan, the United States, South Korea, China and Southeast Asia.
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Taiwanese provider to chip producers pronounces growth (2022, February 7)
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