Biden-Harris Administration Announces Preliminary Terms with Amkor Technology to Bring Cutting-Edge Advanced Packaging Technology to the U.S. for Leading-Edge Semiconductors

URLhttps://www.commerce.gov/news/press-releases/2024/
Sourcecommerce.gov
Date Published07/26/2024

Additional Reshoring Information:

Company/Division name Amkor Technology
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):2000
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):2407
City reshored to:Peoria
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor packaging
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Lead time/Time to market, Skilled workforce availability/training
Government Incentive dollar amount:$407 million
Find Reshoring Articles