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LA Semiconductor purchases manufacturing plants from onsemi

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Update time : 2022-12-22 17:34:13
        LA Semiconductor will operate the wafer factory as a pure contract manufacturing foundry, and sign a long-term wafer supply agreement to continue to provide wafers for onsemi.
        Mike Ward, the founder, president and CEO of LA Semiconductor, said: "onsemi's trust in LA Semiconductor as a major supplier, new owner and operator of the Pocatello wafer factory proves our team's rich experience and potential for the market." "This country needs more chip manufacturing capabilities for mature market segments (such as discrete devices and power devices) and future advanced products and technologies. With the U.S. government's unanimous support for our industry through CHIPS and the adoption of the 2022 Science Act, we are optimistic about the future."

        LA Semiconductor is a spin off company of Linear ASICs Inc., a turnkey ASIC design service company with expertise in analog, power and mixed signal semiconductor fields. Linear ASICs will continue to provide design services to some customers of LA Semiconductor, and will bring opportunities for OEM manufacturing to LA Semiconductor.
        Macquarie Group provided financing to facilitate the purchase of an Idaho manufacturing plant and the subsequent launch of LA Semiconductor.
Don Trent said: "Since there are few foundry plants in the United States and the government is consistent with the onshore solutions, we think this is the ideal time to invest in LA Semiconductor's mission of providing high-quality and stable chip supply to the American market." Managing Director, Semiconductor and Technology, Macquarie,Commodities and Global Markets. "This investment will not only support LA Semiconductor on the basis of progress, but also reflects our commitment to supporting semiconductor growth in the whole range from mature technology nodes to cutting-edge technology nodes. We have rich experience and expertise in semiconductor production equipment, and can understand the assets and market. We are proud to support LA Semiconductor to improve its capacity, capability and technology, so as to provide new and old customers with Provide services. "


 
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