The city of Peoria has taken a step toward becoming an important stop on the Taiwan Semiconductor microchip supply chain in the northwest Valley.
Peoria City Council unanimously approved a development agreement with Tempe-based Amkor Technology Arizona Inc. Feb. 20 that outlines specific guidelines and timelines for completing the project.
Among other services, Amkor will package and test chips for Cuppertino, California-based Apple Inc. that nearby TSMC will manufacture at its north Phoenix fab, assuring a bulk of the process will happen close to the manufacturing point.