Brief of diving:
- AMKOR CHIPS TECHNOLOGIES IS Transfer your $ 2 billion planned advanced packaging and testing facilities In a larger place in North Peoria, Arizona.
- The installation will be built in a 104 -hectare place at the Innovation Core Peoria, a developing technology center, after the recent approval of AMKOR for a modified land exchange of the city.
- Peoria City Council Last week he made a success $ 46.7 million for 834.5 hectares of Arizona Trust land to start the technology center. Amkor This construction will begin in the new place in the coming days, with the production scheduled for the beginning of 2028.
Divide vision:
The AMKOR outsourced packaging plant has been in the works for years. Her Received up to $ 407 million in direct financing From last year’s Chips and Sciences Law to support the investment and creation of $ 2 billion from more than 2,000 jobs for the Peoria area.
The project was originally foreseen for a 56 -hectare plot within the North Mixed Use Development to Vistancia but changed course after opposite push of residents near WHe posed it with environmental and health problems. Prior to the exchange of land, Amkor published web seminars to try to put the community on board the project.
Ultimately, the company moved as market demands and an increase in the scope of the project needed a larger place, according to a statement from the city of Peoria. The new place is also farther from local schools, companies and residents.
“This new site offers flexibility to meet the increasing demand of customers and strengthens our commitment to the manufacture of US -based chips,” said Giel Rutten, CEO of Amkor, in a statement last week.
Amkor collaborated with Apple on the projectthat it is expected that we will pack and try chips produced for the iPhone manufacturer in a manufacturing facility of manufacture. In 2023, Amkor He said Apple will be his first and largest client when the factory opens.
In a call from July 28, Rutten updated the investors of the project, saying that the AMKOR approach has not changed and that TSMC is “a very important partner”.
Amkor generated revenue of $ 1.5 billion in the last quarter, 3% more than a year ago. He also registered dollars of $ 54.4 million during the period, 19% more than last year.
“We are working with customers as well as Foundry’s partners to align our roadmap and we are moving forward,” said Rutten.
