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Leaders of the SMU-led Texoma Semiconductor Technology Hub in Dallas shared their vision with more than 100 companies and academia in Taiwan on Thursday and are exploring new collaboration opportunities.
The Texoma Semiconductor Tech Hub is a regional consortium tasked with growing the regional economy and enhancing production of U.S. semiconductor chips and products.
“The semiconductor industry is a major driver of global technological progress, and the Texoma Semiconductor Technology Hub’s strategic vision for workforce development and commercialization has regional, national, and global significance. ” said Suku Nair, SMU Vice-Chancellor (Research and Principal Innovation). said the board member and one of the tech hub's leaders in a statement.
Selling to global semiconductor leaders
Tech Hub was invited by the U.S. Department of Commerce, the American Institute in Taiwan, and Texas Governor Greg Abbott's office to speak with Taiwanese high-tech investors and partners who have expressed interest in investing in the U.S. semiconductor industry. did.
According to SMU, the event is part of the SelectUSA program led by the U.S. Department of Commerce, which focuses on promoting business investment in the United States by creating jobs and raising awareness of the critical role of economic development.
Local Tech Hub consortium members present remotely to delegates attending a conference in Hsinchu City, Taiwan.
The technology investor meeting was hosted by the Taiwan American Institute, a private nonprofit corporation backed by the U.S. government.
SMU noted that Taiwan is the world's leading hub for manufacturing these semiconductor chips, which are the brains of “smart” electronics, with companies like Taiwan Semiconductor Manufacturing Corporation taking the lead.
Texoma Area Advantages
A partnership with a Taiwanese company could be a boon for the United States, especially the 29 counties in north Texas and southern Oklahoma that are the focus of the Texoma Semiconductor Technology Hub, SMU said.
The TexomaTech hub's strategic location, which brings together the fast-growing North Texas semiconductor industry in Dallas and Sherman and is located within a few hours' drive of other major technology hubs such as Austin and Oklahoma City, is considered an advantage. ing.
SMU says the proximity to major metropolitan areas, combined with the region's low cost of living and business-friendly environment, make North Texas an attractive destination for technology companies looking to expand or relocate. .
“The Texoma region is full of high-tech business opportunities that provide a sustainable workforce, resources, and innovation environment. The Texoma Semiconductor Tech Hub’s mission is to partner with SelectUSA to bring jobs and investment to enrich economic growth. It’s a perfect match,” said J.-C. Mr. Chiao is the leader of the Tech Hub, the Mary and Richard Templeton Centennial Chair, and a professor of electrical and computer engineering in SMU's Lyle School of Engineering.
SMU said Chao has given presentations to potential Taiwanese investors and business leaders in both English and Mandarin.
Representatives from GlobalWafers America, a member of the Tech Hub consortium, will speak about the company's experience building a production facility in Sherman.
1 of 31 Tech Hubs
Texoma Semiconductor Tech Hub is one of 31 locations nationwide announced in October 2023. The company applied in February to receive up to $75 million in funding through the CHIPS and Science Act.
The consortium, which has more than 50 members from private industry, local governments, colleges and universities, tribal communities, workforce development, and nonprofit organizations, will report on whether U.S. Department of Commerce funding is approved this summer. It's planned.
The Texoma Semiconductor Tech Hub is the only designated Tech Hub in Texas.
Under the leadership of the SMU Office of Research and Innovation, the Texoma Tech Hub was organized by Nair. Jennifer Dworak, professor and associate professor of electrical and computer engineering at Lisle University; Scott Douglas, Professor of Electrical and Computer Engineering, Lyle University. Ciao; David Griffith, Professor of Business Administration at Austin College. Steve Gengerich, vice president of innovation and commercialization at the University of Texas at Dallas, and Brian Post, senior director of advanced technology initiatives for the Choctaw Nation of Oklahoma.
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