Phoenix Silicon International Corp. is investing NT$2.5 billion ($79 million) to build a new factory in central Taiwan, expanding its recycled wafer production capacity as global demand for semiconductor components continues to grow.
The company broke ground on the facility at the Taichung Harbor Technology Industrial Park on Monday. The plant is expected to begin operations in 2026 as part of Taiwan’s domestic investment initiative.
Phoenix Silicon plans to increase its monthly recycled 12-inch wafer production capacity to 800,000 units by the end of 2025, up from the current 630,000 units, according to company officials. The expansion will be partially funded through a NT$2 billion convertible bond issuance that began trading this week.
The company’s revenue hit NT$354 million in December 2023, marking the third consecutive monthly record. Fourth-quarter sales reached NT$1.05 billion, up 39% from a year earlier.
The new facility will incorporate environmental initiatives, including a partnership with the Taiwan Forestry Research Institute to plant 2,550 trees, targeting a carbon reduction of 135 kilograms.
Phoenix Silicon specializes in reconditioning and recycling semiconductor wafers, a growing segment within the chip manufacturing supply chain.