Walk into the clean room at Polar Semiconductor, and you’ll encounter a different world. Anyone who enters is required to wear protective clothing. A row of chambers is bathed in yellow light — less harmful…
Polar’s Historic $525 Million Investment Is Led by a $175 Million Contribution from Niobrara Capital and Prysm Capital, the Majority Investors in the U.S.-Owned Foundry, and Is Catalyzed through Federal and State of Minnesota Incentives.…
June 18, 2024 Announcement is Part of Secretary Raimondo’s Million Women in Construction Initiative Today, the U.S. Department of Commerce announced GlobalFoundries and Polar Semiconductor have voluntarily committed to adopt the CHIPS Women in Construction Framework. The…
Polar’s Historic $525 Million Investment to Be Supported by Minnesota State Incentives and Potential Federal Funding from the CHIPS and Science Act Niobrara Capital and Prysm Capital Will Lead $175 Million Equity Investment in Polar…
The University of Minnesota's Technological Leadership Institute (TLI) today announced the launch of the Minnesota Semiconductor Manufacturing Consortium, a groundbreaking initiative aimed at upskilling Minnesota's technical workforce for careers in semiconductor manufacturing. With the generous…
On Tuesday, May 9th, Minnesota Governor Tim Walz addressed a crowd of nearly 100 people at Polar Semiconductor's Bloomington facility. The Governor was invited to speak during the FOA (Fab Owners Alliance) event, a two-day…
Polar's President, Surya Iyer, addressed the Minnesota Committee on Jobs and Economic Development advocating for investment into the Minnesota microchips industry. Click here to watch the full video.
MANCHESTER, N.H., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor technology for motion control and energy-efficient systems, today announced that Polar Semiconductor (“Polar”),…
January 27, 2023 Sanken Electric Co., Ltd. Capital Increase through Third-Party Allotment To whom it may concern, Sanken Electric Co., Ltd. ("Sanken") hereby announces that its Board of Directors decided today to formally authorize Polar…
President Biden signed the CHIPS and Science Act on Tuesday, committing $52 Billion dollars to address the microchip shortage. What does this mean for Polar Semiconductor, Minnesota's largest chip manufacturer?
