A semiconductor testing company tied to Taiwan's King Yuan Electronics Co. is looking at Fort Worth for a plant worth an estimated $1.3 billion, and the City Council is scheduled to consider a tax abatement for the project at its Oct. 27 meeting.
AeternZ Semiconductor Testing Corp., a King Yuan subsidiary, said it is considering a 23-acre site at 273 W. Everman Parkway, the Fort Worth Report reported Friday, citing city tax abatement documents. Those documents call for at least $1 billion in real property investment and $300 million in equipment. They did not give further details, such as a job count.
The site sits in the Fort Worth South Business Park. Hoodline, citing a LoopNet listing for the property, described the park as a master-planned industrial area with Union Pacific rail access and highway links to Interstate 35W and Interstate 20.
What the company does
King Yuan supplies Nvidia and other chipmakers. Its work sits in the back end of the semiconductor supply chain: probing wafers, testing finished chips and assembly. According to Reuters, as cited by the Fort Worth Report, the company said in June it planned to put $1.4 billion into the United States.
Hoodline, citing DIGITIMES, reported that King Yuan's board approved a U.S. investment of up to that amount on July 10.
If the company picks Fort Worth, the plant would be the largest of the electronics manufacturers that have chosen the city, the Fort Worth Report said. Two other Taiwan-based firms arrived this summer. In July, Wistron started building two plants in the AllianceTexas development to make AI supercomputers, a $761 million investment expected to employ more than 800 people.
