KLA (KLAC) said Thursday that it has opened its new $138 million research and development and manufacturing center in Wales, UK.
The 237,000-square-foot Newport facility is designed to support development of semiconductor process technologies in advanced packaging, power devices, microelectromechanical systems, radio frequency and photonics sector technology, the company said.
The facility can accommodate 750 employees and is expected to support the continued growth of the electronics ecosystem, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.