This is PragmatIC’s largest investment to date and demonstrates, according to the company, its clear commitment to bringing innovative technology, high-value manufacturing, and skilled jobs to the North-East of the UK. Building off the success of the company’s existing fab, FlexLogIC-002 will ramp production capacity to billions of circuits, and PragmatIC Park will provide space for at least four additional FlexLogIC fabs to support continued growth in demand for electronics in everyday objects.
PragmatIC Park will also become the nucleus of a worldwide network of distributed FlexLogIC fabs, which will be deployed to provide a dedicated Fab-as-a-Service (FaaS) for major international customers, supporting efficient and secure semiconductor supply chains via local on-site manufacturing.
“We are very excited to announce PragmatIC Park as our new site,” said Scott White, CEO of PragmatIC Semiconductor. “As well as providing an ideal home for our second FlexLogIC fab, we will also be inviting selected ecosystem partners to work with us at the Park to create a centre of excellence for flexible semiconductor design and integration.”
PragmatIC Park will transform the present brownfield industrial site into a state-of-the-art semiconductor production facility, incorporating features that will deliver significant progress towards PragmatIC’s goal of carbon-neutral electronics.
“It has never been more important to see investment in semiconductor innovation and production. As we roll out digital technologies that will boost productivity and sustainability across the economy, demand for semiconductors is set to continue to grow”, said Lee Rowley MP, Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy. “PragmatIC Park will help to address this growing need, while bringing skilled career opportunities to Durham, helping to level up the region and further build its high-value manufacturing base.”