Amkor Technology Inc. plans to invest $2 billion in a new semiconductor facility in Peoria, metro Phoenix, creating 2,000 jobs. The facility will handle advanced packaging and testing for semiconductor chips, including those destined for Apple products. The company, with a presence in the Valley since the 1980s, aims to contribute to the U.S. semiconductor ecosystem and enhance supply chain resilience. The plant’s development is closely linked to the nearby Taiwan Semiconductor Manufacturing Co. (TSMC) facility. Amkor intends to apply for federal funding through the CHIPS and Science Act to support the project.
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