Maxim Integrated Products, which specializes in the manufacture of analog and mixed-signal semiconductors, has announced a US$200 million multi-year investment to upgrade its US wafer fabrication facilities in Beaverton, Oregon; Dallas and San Antonio, Texas; and San Jose, California.
The multi-year investment will be used to upgrade manufacturing equipment, improve process technologies, convert to newer technology nodes, and assimilate production from recently-acquired companies, Maxim said. This investment is consistent with previously-disclosed estimates for capital expenditures in Maxim's fiscal years 2012 and 2013, the firm added.
Maxim employs 9,300 employees worldwide, including approximately 1,000 manufacturing cleanroom workers in its four US fabs. These facilities produce ICs for devices such as smartphones, tablet PCs, factory-automation equipment, automobiles,
computers, medical equipment, smart grid equipment and communications devices. Manufacturing staff will be added over time as expansions are completed and production ramps to capacity, Maxim indicated.
"Maxim has an extremely talented workforce doing technology development in Silicon Valley and cost-competitive manufacturing in our US wafer fabs, where we make about 50% of our products," said Tunc Doluca, Maxim president and CEO, in a statement.
Article translated by Jessie Shen
