Amkor to Invest $2 Billion in Chip-Packaging Facility to Serve Apple
November 30 2023 - 8:49AM
Dow Jones News
By Will Feuer
Amkor said it plans to invest about $2 billion in developing a
new chip-packaging and test facility in Peoria, Ariz., that will
serve Apple.
The finished facility will employ some 2,000 people, Amkor said,
and it will be the largest outsourced advanced packaging facility
in the U.S.
Amkor said it worked closely with Apple on the strategic vision
and initial manufacturing capability of the facility, which will
package and test chips produced for Apple at a nearby TSMC fab.
Amkor said that when the new facility opens, Apple will be its
first and largest customer.
"Apple is committed to help build a new era of advanced
manufacturing, right here in the U.S.," Apple Chief Operating
Officer Jeff Williams said.
The first phase of the manufacturing plant is expected to be
ready for production within the next two to three years, Amkor
said. The company said it has applied for CHIPS funding.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
November 30, 2023 09:34 ET (14:34 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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