Amkor Technology (AMKR) announced revised plans for the location of the company’s new semiconductor advanced packaging and test facility in Arizona. The facility will be constructed on a 104-acre site within the Peoria Innovation Core, in north Peoria, Arizona. Peoria City Council unanimously approved a land swap and an amended development agreement, allowing Amkor to exchange its previously designated 56-acre parcel within the Five North at Vistancia community. Construction of the facility will begin within days, with production expected to start in early 2028. As part of Arizona’s growing semiconductor ecosystem, Amkor will work with TSMC (TSM) and other semiconductor companies to provide advanced, high-volume manufacturing for industries such as computing, communications and automotive.
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