LA Semiconductor, a company headquartered in the United States, has officially kicked off the process of selling its wafer fabrication facility situated in Pocatello, Idaho. To ensure a smooth and well - managed transaction, it has enlisted the services of Macquarie Group to oversee the entire process.
The factory in question is quite sizable, covering an area of 31 acres. Inside, it boasts over 57,000 square feet of cleanroom space, which is crucial for the delicate and precise semiconductor manufacturing processes. When it comes to production capabilities, the plant's processes span a range of technologies, from 0.18 - micron to 1.5 - micron technologies. Moreover, its photolithography capabilities can reach as fine as 0.13 microns, indicating a high level of precision. Additionally, the plant has the potential for further expansion, which could be an attractive aspect for potential buyers.
This factory has a rich history. It was originally owned by ON Semiconductor. In 2022, LA Semiconductor stepped in and acquired it. Since then, the new owner has made significant efforts to improve the processes and develop proprietary intellectual property (IP). As a result of these endeavors, the plant now operates in a stable and efficient manner.
The decision to sell this factory is in line with LA Semiconductor's strategic vision. The company aims to streamline its operations and concentrate its resources on ITAR - registered onshore foundries. ITAR (International Traffic in Arms Regulations) - registered foundries are of great importance, especially for companies dealing with defense - related and other sensitive technologies.
In the current market landscape, there is a noticeable trend among buyers. They are showing a strong preference for brownfield wafer plants. These are existing plants that can be quickly brought back into full - scale production. This preference is driving a significant amount of activity in the U.S. semiconductor market.
Despite the decision to sell the Idaho factory, LA Semiconductor remains committed to providing custom semiconductor solutions. The company will continue to serve a wide range of sectors, including the automotive, defense, aerospace, medical, industrial, and commercial sectors, ensuring that these industries have access to high - quality and tailored semiconductor products.