Diodes buys TI's Scottish fab : Page 2 of 2

February 04, 2019 //By Nick Flaherty
Diodes buys TI's Scottish fab
Power specialist Diodes Inc is to buy Texas Instruments’ wafer fab in Greenock, Scotland, boosting its European operations.

The value of the deal was not disclosed, but Diodes had support from a 'taskforce' set up by the local development agency, with further 'significant support' promised from Scottish Enterprise and Inverclyde Council for future investment in the site. “We have worked closely with Diodes, Texas Instruments and our public sector partners to bring this project to a successful resolution," said Paul Lewis, managing director of Scottish Development International. "Securing these jobs in Greenock is a terrific outcome for all involved. We look forward to working with the team at Diodes to help them achieve their growth plans for Scotland.”

www.diodes.com

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