The agreement with the State of Baja California grants Silicon Border exclusivity for technology-focused park development, including commercial land use and access to mission-critical water from the Colorado River, electricity, and gas in a 15-square mile area just a couple of hours from San Diego and Imperial Valley. It also offers an income tax structure and incentive package to semiconductor and other high-tech manufacturing operations that make Mexico extremely competitive with Asian countries. For example, there will be tax-free periods for companies with wafer fab costs of up to $2 billion.
(July 21, 2004) Chandler, Ariz.—Amkor Technology, Inc. signed agreements to acquire privately-held North Carolina-based Unitive, Inc., and to obtain a majority interest of approximately 60 percent in Unitive Semiconductor Taiwan Corporation (UST), a joint venture between Unitive and various Taiwanese investors. Unitive, Inc. and UST are among the world’s leading providers of services for flip chip and wafer level packaging applications.