# Silicon Box to invest $3.5B in new chip plant in Italy

Singapore-based Silicon Box will invest 3.2 billion euros ($3.5 billion) in a new semiconductor plant in northern Italy under a government-backed deal. The exact site has yet to be decided.

- Type: New facility
- Announced: 2024-03-11
- Where: northern Italy, Italy
- Value: $3.50B
- Jobs: 1,600
- Starts operating: 2028
- Status: announced
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Silicon Box](https://endata.com/companies/9427.md)

## Sources

- [reuters.com](https://www.reuters.com/technology/singapore-based-silicon-box-invest-35-bln-new-chip-plant-italy-2024-03-11/), 2024-03-11: "Singapore-based semiconductor firm Silicon Box will invest 3.2 billion euros ($3.50 billion) in a new plant in northern Italy under a government-backed deal."
- [prnewswire.com](https://www.prnewswire.com/news-releases/silicon-box-cutting-edge-advanced-panel-level-packaging-foundry-announces-3-6b-investment-for-expansion-into-italy-302086653.html), 2024-03-12: "This facility will help meet critical demand for advanced packaging capacity to enable next generation technologies that Silicon Box anticipates by 2028."
- [prnewswire.com](https://www.prnewswire.com/apac/news-releases/silicon-box-cutting-edge-advanced-panel-level-packaging-foundry-announces-3-6b-investment-for-expansion-into-italy-302086673.html), 2024-03-12: "This facility will help meet critical demand for advanced packaging capacity to enable next generation technologies that Silicon Box anticipates by 2028."

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