Last Updated on 25th June 2024
Amkor Technology has declared its plan to construct a state-of-the-art packaging and testing facility in Peoria, Arizona. In a press release, Amkor stated that the company plans to invest USD 2 billion to complete the project. The new facility will provide direct employment opportunities for 2,000 people.
The company has acquired an estimated 55 acres of land to construct the new cutting-edge manufacturing campus, which will feature over 500,000 square feet of clean room space. Amkor is the only US-headquartered OSAT (outsourced semiconductor assembly and testing) service provider with advanced packaging technology. This new facility will be the largest outsourced advanced packaging facility in the US.
Amkor will package and test chips manufactured for Apple at the adjacent TSMC fab. Once the new facility is operational, Apple will be Amkor’s first and largest customer. Amkor has applied for CHIPS funding in order to guarantee the success of a venture of this scale in the United States. Earlier this month, the Commerce Department unveiled its plans to spend USD 3 billion on advanced packaging and manufacturing.
Amkor Technology, Inc. is a global leader in the semiconductor packaging and test services industry. The company was founded in 1968 and is headquartered in Tempe, Arizona, USA. Amkor has over 20,000 employees worldwide and operates semiconductor production facilities in Asia, EMEA, and the USA.
Amkor's customers include some of the world's largest semiconductor companies, such as Intel, Samsung, and Qualcomm. The company is also a supplier to a wide range of other industries, including consumer electronics, automotive, and industrial.
Here are some notable semiconductor projects undertaken by Amkor Technology:
The CHIPS and Science Act of 2022 is a United States federal law that provides $52.7 billion in funding for semiconductor manufacturing, research and development, and workforce training in the United States. On August 9, 2022, President Joe Biden signed the Act into law. The Act's main goals are to:
The Act includes several key provisions, including:
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