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WATCH: Groundbreaking held for state-of-the-art semiconductor chip packaging plant in Peoria

Production at the new plant is expected to begin in 2028
Groundbreaking held for state-of-the-art semiconductor chip packaging plant in Peoria
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PEORIA, AZ — Technology company Amkor broke ground on Monday for a new state-of-the-art facility in north Peoria.

Amkor Technology, which helps create the chips that go in your smartphone and car, is adding $5 billion of investment to the brand-new facility on top of the $2 billion they have put in already.

Crews are scheduled to finish building the first manufacturing facility on the campus in mid-2027, with production starting in early 2028.

In the player above, watch as Peoria’s mayor and other local leaders touts the potential job creation from this project.