Taiwan's GlobalWafers preparing for phase two expansion at Texas plant

Doris Hsu, GlobalWafers Chairwoman and CEO makes a speech at the annual Taiwan-EU investment forum in Taipei, Taiwan November 18, 2024. REUTERS/Ann Wang

HSINCHU, Taiwan, Jan 21 (Reuters) - ‌Taiwanese silicon wafer manufacturer GlobalWafers is preparing for the phase two expansion of its ‌plant in the U.S. state of Texas, subject to customer commitments, Chairperson Doris ‌Hsu told reporters on Wednesday.

In May of last year, GlobalWafers said it would invest an additional $4 billion in the United States to meet growing customer demand there, after opening a new $3.5 billion wafer facility in Texas.