Chip Materials Maker Soitec May Follow Client TSMC to the US
- China remains an important growth market for Soitec, CEO says
- Soitec can’t license some tech to China because of chip curbs
Sitec employees in the clean rooms of the factory, in Bernin, near Grenoble, France.
Photographer: Jeff Pachoud/AFP/Getty Images
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French chip materials company Soitec is considering building a factory in the US, as customers including Taiwan Semiconductor Manufacturing Co. win government incentives for significant expansions from Arizona to Texas.
Soitec is considering a US plant alongside existing facilities in Singapore, Belgium and France, Chief Executive Officer Pierre Barnabé told Bloomberg News, as one of the options to grow its business. The company, which develops specialty materials that meld with silicon wafers for semiconductors, counts TSMC among its biggest clients.