TAIPEI -- GlobalWafers, the world's third-largest producer of silicon wafers for chipmaking, on Monday announced plans to build a $5 billion plant in the U.S. state of Texas, a boost for Washington's ambition to bring more of the semiconductor supply chain onshore.
The Texas plant will be the country's largest site for 300-mm wafer material when it begins production as soon as 2025, the Taiwanese company said. The factory will let the company cater to rising local demand from clients expanding their own production in the U.S., including Taiwan Semiconductor Manufacturing Co., Intel and Samsung. Construction is scheduled to start later this year.