Highlight Tech Corp. (HTC) Announces Entry into US Market to Address Rapid Semiconductor Fab Growth

URLhttps://finance.yahoo.com/news/highlight-tech-corp
Sourceyahoo!finance
Date Published06/12/2023

Additional Reshoring Information:

Company/Division name HTC America
Parent companyHTC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Phoenix
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredEquipment for manufacturing semiconductors
What domestic positive factors made reshoring more attractive?Automation/technology, Better Control of Process/Delivery/Factory, Eco-system synergies, Govt. Policy and subsidies, Higher productivity, Image/brand, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, CHIPS
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