Up to 187 million Canadian dollars to be invested to expand IBM’s chip plant in Bromont, QC.
July 5, 2024
BROMONT, QC—IBM, Canada and Quebec will invest 187 million Canadian dollars ($139.6 million) to expand assembly, testing and packaging capabilities at the company’s semiconductor manufacturing facility here.
The growth is being driven by a U.S. policy push to boost domestic clean-energy manufacturing, by global supply chain risk, and by the total cost of ownership (TCO) equation.
MALTA, NY—Lockheed Martin and GlobalFoundries (GF) are collaborating to advance U.S. semiconductor manufacturing and innovation and to increase the security, reliability and resiliency of domestic supply chains for national security systems.
WICHITA, KS—Integra Technologies, the largest U.S. outsourced semiconductor assembly and test (OSAT) company, plans to invest $1.8 billion to build a large-scale manufacturing facility here.
INCHEON, South Korea—Researchers at Incheon National University have developed a cost-effective, eco-friendly technique for making high-efficiency chalcopyrite solar cells.
Rarely does a major spending bill in Washington draw bipartisan support and yield immediate results. Behold the CHIPS and Science Act, which was signed into law by President Joe Biden Aug. 9. The act provides more than $52 billion in new funding to boost domestic research and manufacturing of semiconductors in the U.S.