# Newport foundry for compound semiconductors gets £38m funding

Funding of nearly £38 million has been announced for a facility to make compound semiconductors in Newport, Wales, which could create about 2,000 high skilled jobs in five years.

- Type: New facility
- Announced: 2017-05-08
- Where: Newport, Wales, United Kingdom
- Jobs: 2,000
- Status: announced
- Products: compound semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cardiff Capital Region](https://endata.com/companies/24106.md) (investor)

## Sources

- [bbc.co.uk](https://www.bbc.co.uk/news/uk-wales-south-east-wales-39837876), 2017-05-08: "Funding of nearly £38m has been announced for a facility to make compound semiconductors - a new technology behind robotics, 5G and driverless cars."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.