GlobiTech Incorporated is to develop a state-of-the-art 300-millimeter silicon wafer facility at its base in Sherman, Texas, creating 1,500 new jobs.
The GlobiTech plant, the first of its sort built in the United States in over 20 years, is set to begin construction later this year. Production from the first fab is expected to begin as early as 2025.
Mark England, GlobiTech President said “Advanced 300-millimeter silicon wafers are currently manufactured in Asia, forcing the U.S. semiconductor industry to rely on imported silicon wafers,”
READ MORE: SEMICONDUCTOR MAKER WOLFSPEED’S $1 BILLION EXPANSION PROJECT WILL CREATE 600 JOBS
England said: “This exciting and bold investment in my hometown of Sherman will represent the first new silicon wafer facility in the U.S. in over two decades and close a critical semiconductor supply chain gap.”
Doris Hsu, Chairman/CEO of Global Wafers Co Ltd, explained: “With the global CHIPS shortage and ongoing geopolitical concerns, Global Wafers is taking this opportunity to address the United States semiconductor supply chain resiliency issue by building an advanced node, state-of-the-art, 300-millimeter silicon wafer factory
“For this large investment, we received tremendously competitive proposals, and it was a difficult decision on selecting our location. After serious deliberation, we have once again chosen our long-time partner, the City of Sherman, Texas, based on the aggressive local and state incentives, ample resources and especially the business and personal relationships that we have developed over 20 years.
“Based on earlier announcements on related projects, we are excited about the prospects of developing the City of Sherman into the complete semiconductor ecosystem to support the growing United States semiconductor industry.”
Looking for a new job? Find the WhatJobs Career Advice Center here
U.S. Secretary of Commerce Gina Raimondo added: “Today’s announcement from GlobalWafers is critical to rebuilding the domestic semiconductor supply chain, strengthening our economic and national security, and creating U.S. manufacturing jobs,”
GlobalWafers committed to the United States because they expect Congress will pass the Bipartisan Innovation Act in the coming weeks.
Passing this bill as soon as possible would signal America’s commitment to robust domestic semiconductor capacity and give additional firms throughout the supply chain the confidence they need to invest here.
What is GlobiTech semiconductor?
GlobiTech is a global leader in semiconductor technology, providing innovative, advanced technology solutions to leading chip manufacturers to transform lives around the world.
Where it is headquartered? GlobiTech’s headquarters are in Sherman, Texas
How many staff does it have? GlobiTech has 561 employees
What is its annual revenue? GlobiTech’s revenue is $65 Million
Source: Business Facilities
Follow us on YouTube, Twitter, LinkedIn, and Facebook
