# Welsh councils sign to own compound semiconductor foundry in Newport

Ten local councils in Wales have signed an agreement to own CSC Foundry Ltd., a compound semiconductor foundry to be located in Newport. The facility will initially be leased to IQE for compound semiconductor manufacturing and applications development. The Cardiff regional authority contributed £37.9 million.

- Type: New facility
- Announced: 2017-09-11
- Where: Newport, Wales, United Kingdom
- Value: $50.0M (37.9M GBP)
- Status: announced
- Products: compound semiconductor wafers, compound semiconductor applications
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [CSC Foundry Ltd.](https://endata.com/companies/26939.md)
- [IQE](https://endata.com/companies/26834.md) (customer)

## Sources

- [eenewseurope.com](https://www.eenewseurope.com/en/welsh-councils-sign-to-own-chip-foundry-2/), 2017-09-14: "The signing, on September 11, followed a decision by the Cardiff regional authority to contribute £37.9 million."
- [eenewseurope.com](https://www.eenewseurope.com/en/welsh-councils-sign-up-for-power-chip-foundry/), 2017-09-19: "The facility will become the base for a number of compound semiconductor related activities, including IQE, where we expect to rapidly expand our production capacity to meet increasing demand for our technology."

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