New Investments Bolster Arizona Tech Leadership

by Stephanie Quinn 

In recent developments within the semiconductor industry, Amkor Technology, Inc. and DSV have announced significant investments. Amkor Technology, Inc., a prominent player in semiconductor packaging and testing services, is embarking on a groundbreaking endeavor with the establishment of its new $2 billion advanced packaging and testing facility in Peoria, Arizona. Poised to emerge as the largest of its kind in the U.S. and expected to create approximately 2,000 jobs, the facility will cement Amkor’s U.S. industry leadership.

Concurrently, DSV — the world’s third-largest logistics company, with operations in more than 80 countries, 1,600 logistics facilities and a workforce of 75,000 employees — has strategically decided to form a semiconductor-specific department. This move signifies its commitment to addressing the unique logistics demands of the semiconductor industry. The department will provide comprehensive services, including secure handling and advanced digital tracking. Furthermore, DSV is committing to a substantial $250 million in U.S. supply chain infrastructure for the semiconductor industry, including specialized warehouses and new airports in Arizona and Ohio.

Both companies’ expansions reflect the broader trend in the semiconductor industry toward enhancing U.S. capabilities and reducing dependency on international supply chains. Amkor’s Arizona facility will offer cutting-edge services for crucial sectors, while DSV’s focus on logistics and supply chain management will streamline semiconductor production and distribution.

The substantial investments by Amkor and DSV in the semiconductor sector will contribute to the strengthening of the U.S. and Arizona’s position in the global semiconductor market. These strategic initiatives promise to invigorate the domestic economy and employment landscape while enhancing the security and resilience of America’s technological supply chains. Such advancements are a testament to Phoenix’s dynamic and continuously expanding role in the semiconductor industry, a sector that shows no signs of slowing its growth.

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