Reported 3 months ago
Xu Xiu-Lan, the chairperson of GlobalWafers, announced that the company has secured support under the US CHIPS Act, attributing this achievement to the uniqueness of its business. With no new advanced silicon wafer plants established in the US for 21 years prior to GlobalWafers' new facility in Texas, and the Missouri plant being the only 12-inch SOI factory, the company is positioned to enhance supply chain resilience. Citing over 80% long-term contract coverage for the Missouri plant, Xu expressed optimism about future orders and the recovery of the economy next year.
Source: YAHOO