WASHINGTON ,Dec 20 (Reuters) - The U.S. Commerce
Department said on Friday it finalized an award to Amkor
Technology ( AMKR ) of up to $407 million to help fund the
company's planned $2 billion advanced semiconductor packaging
facility in Arizona.
The plant is set to be the largest of its kind in the U.S.
and when fully operational will package and test millions of
chips for autonomous vehicles, 5G/6G and data centers. Apple ( AAPL )
will be its first and largest customer with the chips
produced at a nearby Taiwanese chipmaker TSMC
facility.