Onsemi Gears Up to Occupy Lab Space at Diablo Technology Park in Tempe

Onsemi, a semiconductor supplier based in Phoenix, Arizona, is set to take over the lab spaces at the Diablo Technology Park in Tempe. This move is part of the company’s expansion plans in the wake of increased demand for its services. The company has signed a lease for 31,000 square feet of research and development space, which is expected to be operational by the end of 2021.

Onsemi’s expansion into the Diablo Technology Park allows the company to bolster its research and development capabilities. The new facility will house advanced laboratories for the development of next-generation semiconductor technologies, which are critical in the manufacturing of various electronic devices.

The company has seen a surge in demand for its products and services due to the rapid growth of various technology sectors, including artificial intelligence, electric vehicles, and renewable energy. Semiconductors are key components in these sectors, and Onsemi is positioning itself to be a leading provider of these crucial elements.

Diablo Technology Park, where Onsemi will be setting up its new lab space, is a tech-centric business park that hosts several other tech firms and startups. The park offers a conducive environment for tech companies, with state-of-the-art facilities and proximity to Arizona State University, a leading research institution.

Onsemi’s move to expand its research and development capacity comes at a time when the global semiconductor industry is grappling with a severe supply crunch. The shortage has affected various industries worldwide, leading to production delays and increased prices. By expanding its R&D capacity, Onsemi aims to not only meet the growing demand for semiconductors but also contribute to easing the ongoing supply shortage.

The expansion into Diablo Technology Park represents a significant investment by Onsemi in its future growth. The company’s decision is likely to create more jobs and contribute to the local economy. The move also underscores Onsemi’s commitment to maintaining its position as a leader in the semiconductor industry.

The semiconductor industry is poised for significant growth in the coming years, driven by increased demand from various technology sectors. Companies like Onsemi, which are investing in expanding their capacity and capabilities, are well-positioned to capitalize on this growth. The company’s move to Diablo Technology Park is a strategic one that will likely yield significant benefits in the long term.

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