Site icon TechNewsBoy.com

Taiwanese supplier to chip producers announces expansion

Visitors review new computer products during the Computex Taipei exhibition at the world trade center in Taipei, Taiwan, Tuesday, May 30, 2017. GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, said on Sunday, Feb. 6, 2022, it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany’s Siltronic AG failed. Credit: AP Photo/Chiang Ying-ying, File

GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, says it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany’s Siltronic AG failed.

Sunday’s announcement comes amid shortages of processor chips and other semiconductors that are disrupting auto manufacturing, smartphone and other industries. Producers are announcing plans to expand output, which will boost demand for wafers.

GlobalWafers’ bid to buy Siltronic fell through after German regulators failed to complete a review of the offer by a Jan. 31 deadline. The Taiwanese company said the 100 billion New Taiwan dollars ($3.6 billion) earmarked for the purchase will go into expanding its production capacity instead.

The company. headquartered in Hsinchu, Taiwan, said production should increase in the second half of 2023 but gave no details of possible locations.

GlobalWafers says it is the world’s third-largest supplier of silicon wafers used in semiconductors for information technology, auto manufacturing and other products. It has factories in Taiwan, Japan, the United States, South Korea, China and Southeast Asia.


Taiwan firm’s takeover of German chip supplier falls through


© 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Citation:
Taiwanese supplier to chip producers announces expansion (2022, February 7)
retrieved 7 February 2022
from https://techxplore.com/news/2022-02-taiwanese-supplier-chip-expansion.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@technewsboy.com. The content will be deleted within 24 hours.
Exit mobile version