Home Must Reads Siltronic to cut 350 Portland jobs

Siltronic to cut 350 Portland jobs

| Print |  Email
Must Reads
Friday, March 16, 2012

Siltronic will cease production this Fall at one of its two Portland fabs, because of the semiconductor industry's increasing reliance on bigger, more efficient silicon wafers.

The plant remains the sole U.S. outpost for Munich-based Siltronic AG and will continue to produce 200-millimeter silicon wafers. But the work from its aging 150-mm line will shift to a German factory, leaving 350 Portland workers without jobs. 
Demand for such wafers, used in electronic devices, has declined as large technologies turn to options twice as large. 
Although a handful of chip companies rely on Siltronic's smaller wafers, its potential market is shrinking as technology advances. And upgrading the Portland waterfront site could top $1 billion, the company has said.

Read more at OregonLive.com.

{biztweet}siltronic{/biztweet}

 

 

More Articles

Oversight? Or gaming the system?

News
Monday, July 14, 2014
AmazonBY VIVIAN MCINERNY | OB BLOGGER

Some people think Amazon’s winking eye logo is starting to look like a hoodwink.


Read more...

The role of higher education as K-12 underperforms

Contributed Blogs
Friday, May 30, 2014
ThumbChalkboardBY DEBRA RINGOLD | OB GUEST CONTRIBUTOR

Since 1970 the performance of our public education system has steadily deteriorated.


Read more...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

Beyond cheese

June 2014
Thursday, May 29, 2014
BY SOPHIA BENNETT

Tillamook expands its tourism niche.


Read more...

EPA Standards: A breath of fresh air for the region

News
Thursday, June 12, 2014
EPABY ANDREA DURBIN | OB GUEST BLOGGER

Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

Reader Input: Energy policy

June 2014
Thursday, May 29, 2014

How serious a problem is climate change? Readers want to have their cake and eat it, too.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS