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We need domestic trailing edge capacity but does it make sense to create a new mini foundry?
"Proposed Investment of Approximately $120 Million From CHIPS and Science Act Would Build on Minnesota’s Decades-Long History in the Semiconductor Industry and Create over 160 Jobs"
"Operating a state-of-the-art research and manufacturing facility, we produce thousands of semiconductors each week, many of which power the vehicles, appliances, and industrial products we use every single day."
From their website, it’s an old fab that has changed hands several times and is currently owned by Shanken. For me, what’s intriguing is that the US government is investing in making a new company as opposed to giving grants to incumbents.
From their website, it’s an old fab that has changed hands several times and is currently owned by Shanken. For me, what’s intriguing is that the US government is investing in making a new company as opposed to giving grants to incumbents.
Polar Semiconductor produces "thousands of semiconductors each week".
For such a small production capacity but $230 million revenue in 2023, I guess Polar Semiconductor generates a significant of revenue from aerospace industry and defense/national security related applications. That's an important factor for receiving CHIPS Act grants.
Polar is a specialty fab specialised in high voltage, high temperature and rad hard components. About 250Kwafer 200mm per year. The type of components some major defense players want to make sure they have access to.
