# 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.

- Type: Expansion
- Announced: 2024-11-04
- Where: Greensboro, Guilford County, North Carolina, United States
- Value: $305.0M
- Jobs: 109
- Status: announced
- Products: compound semiconductor materials, epi wafers, MOCVD epitaxy
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [IQE](https://endata.com/companies/26834.md)
- [IQE](https://endata.com/companies/26834.md) (partner)

## Sources

- [commerce.nc.gov](https://www.commerce.nc.gov/news/press-releases/2024/11/04/welsh-semiconductor-company-plans-expand-greensboro-operation-next-generation-compound-semiconductor), 2024-11-04: "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."

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