TAIPEI -- Taiwan's GlobalWafers, the world's No. 3 maker of semiconductor wafers, says it will increase its investment in Texas by up to $4 billion to meet growing demand for local production and to align with the Trump administration's policy priorities.
GlobalWafers Chair and CEO Doris Hsu said on Friday that there is no fixed timeline for the additional investment, which would bring the company's total investment in the U.S. state to $7.5 billion. She added that the amount actually spent will depend entirely on long-term commitments from customers looking to source materials locally.
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