GlobalWafers, a major player in silicon wafer manufacturing, has announced the acquisition of land and buildings in Malaysia for RM146 million (approximately NT$1.077 billion or US$31.5 million). This strategic move, facilitated through its subsidiary MEMC Electronic Materials Sendirian Berhad, aims to bolster operational readiness in the region.
The acquisition covers approximately 60,000 square meters (about 18,000 square meters) near the company’s existing Kuala Lumpur facility, with close proximity to major transportation hubs such as the airport and port. Despite the acquisition, GlobalWafers has yet to disclose specific expansion plans, indicating that future usage will depend on increasing customer demand.
Amidst global geopolitical tensions, GlobalWafers highlights this investment as part of a broader strategy to enhance supply chain security for its technology partners. This move positions the company to support regional clients and capitalize on potential collaborations within the semiconductor sector.
As the world’s third-largest silicon wafer manufacturer, GlobalWafers is expanding its footprint in the U.S. by constructing new 12-inch facilities in Texas and Missouri. These projects are bolstered by an agreement with the U.S. Department of Commerce, securing up to $400 million in subsidies under the Chip and Science Act, alongside potential tax credits worth 25% of eligible investments.
Chairman Doris Hsu of GlobalWafers anticipates modest operational growth this year, with more significant industry recovery expected in the coming year. This acquisition underscores the company’s commitment to strengthening its global operations amidst a dynamic semiconductor market.
