Taiwanese supplier to chip producers announces expansion – WGN Radio

WGN Radio 720 – Chicago's Very Own
FILE – Visitors review new computer products during the Computex Taipei exhibition at the world trade center in Taipei, Taiwan, Tuesday, May 30, 2017. GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, said on Sunday, Feb. 6, 2022, it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany’s Siltronic AG failed. (AP Photo/Chiang Ying-ying, File)
TAIPEI, Taiwan (AP) — GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, says it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany’s Siltronic AG failed.
Sunday’s announcement comes amid shortages of processor chips and other semiconductors that are disrupting auto manufacturing, smartphone and other industries. Producers are announcing plans to expand output, which will boost demand for wafers.
GlobalWafers’ bid to buy Siltronic fell through after German regulators failed to complete a review of the offer by a Jan. 31 deadline. The Taiwanese company said the 100 billion New Taiwan dollars ($3.6 billion) earmarked for the purchase will go into expanding its production capacity instead.
The company. headquartered in Hsinchu, Taiwan, said production should increase in the second half of 2023 but gave no details of possible locations.
GlobalWafers says it is the world’s third-largest supplier of silicon wafers used in semiconductors for information technology, auto manufacturing and other products. It has factories in Taiwan, Japan, the United States, South Korea, China and Southeast Asia.

Copyright 2022 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
WASHINGTON (AP) — A Temple University physicist who was charged with sharing scientific technology with China only for the case to collapse before trial and be dismissed by the Justice Department asked a federal appeals court on Monday to reinstate his lawsuit against the U.S. government.
Lawyers for Xiaoxing Xi and his wife say in a brief filed Monday with a Philadelphia-based appeals court that a judge erred last year when he dismissed their claims for damages, asserting that the FBI agent who led the investigation “intentionally, knowingly or recklessly” made false statements and misrepresented evidence so that prosecutors could get an indictment.
MEXICO CITY (AP) — Nicaragua said Monday it has lodged a diplomatic protest over an alleged incursion by naval boats from El Salvador in its waters in the Pacific.
The Nicaraguan government news site El 19 Digital said Monday that Nicaragua protested what it called a violation of its sovereignty.
(The Hill) — Canadian authorities have arrested multiple people in Ottawa who were part of a “Freedom Convoy” protesting COVID-19 vaccine mandates. 
In a statement on Sunday, the Ottawa Police Service said it has launched 60 criminal investigations from the protests, stemming from mischief, property crimes and thefts all the way to hate crimes.
Illinois cases, deaths and vaccinations | CDC resources | Illinois Department of Public Health | City of Chicago | Complete coverage

source