News Italy cleared to give €2bn for Sicilian semiconductor plant The European Commission on Friday agreed to let Italy offer €2bn in state aid for France’s STMicroelectronics to build a €5bn chip factory in Sicily. The company wants to build…
News Taiwan firm in historic deal to build third chip factory in Arizona Taiwan Semiconductor Manufacturing (TSMC) has agreed to increase its investment in its Arizona site by 60%, from $41bn to $65bn, and to begin making cutting-edge 2nm chips in them. In…
News India to spend $15bn creating a domestic chip industry India’s cabinet has given the green light for three semiconductor plants together worth $15.2bn. Prime Minister Narendra Modi approved the projects yesterday and ordered construction to start within 100 days.…
News Taiwan’s TSMC to invest €3.5bn in Dresden chip factory The board of Taiwanese chipmaker TSMC this week voted to invest €3.5bn in a factory in the east German city of Dresden. It said this investment would probably rise to…
News Infineon invests extra €5bn in making chips in Malaysia Germany’s biggest chip maker Infineon Technologies will invest €5bn over five years in building the world’s biggest 200-millimetre silicon carbide (SiC) semiconductor plant in Kulim, Malaysia. SiC is used to…
News Taiwan chip giant to spend $2.9bn on plant for AI Chip maker Taiwan Semiconductor Manufacturing Company (TSMC) will invest $2.9bn in a packaging facility in northern Taiwan, Reuters reports. “Packaging” in this context means placing a number of chips in…
News Bechtel opens second Arizona office for high-tech boom Bechtel has opened a new office in Arizona to tap into the booming semiconductor, batteries, and battery materials markets. The 8,000-sq-ft office in Chandler, near Phoenix, opened 27 June at…
News IJM Construction to build chip plants and a tower in Penang, Malaysia The construction arm of Malaysian conglomerate IJM Corporation has won two contracts worth US$94m in the Malaysian state of Penang. One is a $76m contract from ASE Electronics, the Malaysian…