Maxim spends $200M to upgrade U.S. chip making

Published:2012/6/28 2:42:00 Author:Ecco From:SeekIC

According to Analog and mixed-signal chip company Maxim Integrated Products Inc., it schemes to spend $200 million to upgrade its U.S. wafer fabs in Beaverton, Ore.; Dallas and San Antonio, Texas; and San Jose. However, the data of the investment is not provided now.

The investment would be used to upgrade manufacturing equipment, improve process technologies, convert to newer technology nodes and assimilate production from recently acquired companies. The company said the multiyear investment is consistent with previously disclosed capital expenditure plans for Maxim's 2012 and 2013 fiscal years. However, Maxim has won recognition from local bodies in Beaverton and San Antonio for energy and water efficiency measures it has taken at its fabs.

Maxim has about 9,300 people worldwide of which approximately 1,000 work in manufacturing cleanrooms in its four U.S. fabs. Maxim said it wishes to add manufacturing staff as expansions are completed and it ramps production.

Reprinted Url Of This Article: http://www.seekic.com/blog/IndustryNews/2012/06/28/Maxim_spends_200M_to_upgrade_US_chip_making.html

Print this Page | Comments | Reading(896)