Despite financial difficulties.
Last December, Taiwanese company GlobalWafers announced its intention to build a silicon wafer manufacturing facility in the US for local customers. A $5 billion facility will be built in Texas that will be able to employ up to 1,500 people and produce up to 1.2 million silicon wafers per month. According to DigiTimes, company management confirmed that the plans remain in place, and the American enterprise will begin operations in the first quarter of 2025.
Image Source: Asia Times
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Such clarifications have to be made due to the increase in the budgets of such projects. Companies that are going to build enterprises in the US are facing rising costs of building materials and labor. Rising costs, in turn, give rise to the need for indexation of government subsidies, so not all projects in this area are progressing equally well.
