Scots wafer fab gets £14 million boost

Scots wafer fab gets £14 million boost

Business news |
A wafer fab in Greenock, Scotland that employs 300 people has had its future secured with a grant of £13.7 million (about US$18.0 million) from Scottish Enterprise.
By Peter Clarke

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The fab was originally constructed by National Semiconductor Corp. in 1970. National Semiconductor was acquired by Texas Instruments who sold the plant off to Diodes Inc. in 2019. Diodes is a supplier of discrete, logic, analog, and mixed-signal semiconductor circuits and named the fab GFAB.

The investment by Scotland’s economic development agency was announced by First Minister for Scotland Nicola Sturgeon.

The funding package comprises a £12 million research and development (R&D) grant towards a five-year project to develop more technologically-advanced transistors and £1.7 million towards a £3.4 million training programme to enable employees to support this change. The company has also received £169,500 from Inverclyde Council to assist with development of the site.

“With Diodes’ expertise, the high calibre of the GFAB workforce, and support from Scottish Enterprise, I am excited by the opportunity we are creating to progress even further, building on our manufacturing capabilities to create a centre of process development excellence in GFAB,” said Tim Monaghan, Diodes’ European president.

Related links and articles:

www.diodes.com

News articles:

Diodes buys TI’s Scottish fab

TI plans to sell or close Greenock wafer fab

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