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PragmatIC Semiconductor is building a new factory in Meadowfield, near Durham City, as part of a nearly £70 million expansion. The site will create about 125 new jobs, doubling the workforce to around 250 by December, and is expected to begin operations in 2023.
“As well as providing an ideal home, we will also be inviting selected ecosystem partners to work with us to create a centre of excellence for flexible semiconductor design and integration.”northeasttechnologypark.com
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