IQE plans $305M expansion in Greensboro for compound semiconductor materials

IQE Inc., a subsidiary of IQE PLC, announced plans to invest $305 million and add 109 jobs to expand its Greensboro, North Carolina facility for next-generation compound semiconductor materials, subject to customer commitments and CHIPS Act funding.

“The company plans to add 109 jobs and invest $305 million over several years to expand its manufacturing facility for next generation compound semiconductor material in the City of Greensboro.”commerce.nc.gov

• 1 source
• commerce.nc.govWelsh Semiconductor Company Plans to Expand Greensboro Operation for Next Generation Compound Semiconductor Materials | NC CommerceNov 4, 2024

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