Taiwan's Global Wafers sees $5 billion Texas plant


TAIPEI, 13 September (Reuters) - Taiwan's Global Wafers Co Ltd (6488. TWO) expects to build its new $5 billion plant in November Dollar plant to begin in Texas, the company's president and CEO said Tuesday. The company said in June it would build the facility to make 300-millimeter silicon wafers for semiconductors, switching from a defunct plan to an investment in Germany. 

President and CEO Doris Hsu told reporters in Taipei that the opening ceremony is expected at the end of November. Global waffles. Last month, US President Joe Biden signed the Chips and Science Act, which provides about $52 billion in government subsidies for US semiconductor research and production, and an investment tax credit for chip factories valued at $24 billion US Dollar Approved. 

Hsu said that  while subsidies are important, they are not the only consideration.” We receive proposals for government subsidies not only from the United States but from other places as well. But our evaluation considers the overall score a very important factor, but it's not the only factor," Hsu said. "I think the U.

The market is short of silicon wafers. When we talk about carbon footprints, localization, and green solutions, I think there has to be a local solution. Global Wafer's investment will be the first silicon wafer facility to be built in the United States in more than two decades, according to the U. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) Department of Commerce (2330).

TW), a key supplier to Apple Inc. (AAPL.O)  and the world's largest contract chipmaker, broke ground on a $12 billion semiconductor fab in Arizona last year. GlobalWafers, Taipei-listed shares on Tuesday ended 1% lower than the broader market (.TWII), which closed 0.6%.

The company's shares are down 48% so far this year. September 13 (Reuters) - The FBI has briefed Twitter Inc (TWTR.N) on at least one Chinese agent working at the company, US Senator Chuck Grassley said during a Senate hearing on Tuesday, at which a whistleblower testified, suggesting he has raised fresh concerns about foreign meddling on the influential social media platform that the Chinese government may collect data on the company's users.

Twitter has come under fire for lack of security before, most notably in 2020 when teenage hackers took over dozens of high-profile accounts, including US President Barack Obama's verified profile. On Tuesday, Zatko's testimony before the Senate Judiciary Committee revealed that Twitter's security problems could be far more serious, claiming for the first time that the company received a tip from Chinese government agents working at the networking company social.

Post a Comment