Driving by the Loop 303 and Lake Pleasant Parkway, it’s easy to overlook the arid landscape just north of the freeway. But in a few short years, a state-of-the-art outsourced semiconductor advanced packaging and testing campus will emerge from this patch of desert. On Oct. 6, Amkor Technology announced an expansion during the groundbreaking of its new facility, now set to bring $7 billion in investment to Peoria — a 250% increase from the company’s original plans.
The additional $5 billion will be used for additional cleanroom space and a second greenfield packaging and test facility, further strengthening Arizona’s growing semiconductor ecosystem. Once both phases are completed, the campus will have more than 750,000 square feet of cleanroom space and create upward of 3,000 high-paying jobs.
“This is a truly historic milestone, not only for Amkor Technology, but for the future of the semiconductor industry in the U.S.,” says Susan Kim, chairman of the Amkor Board of Directors. “The pandemic revealed the vulnerabilities of global supply chains … highlighting the need for a complete semiconductor supply chain in America. We are proud to be part of the solution and proud to be doing it right here in Arizona.”…