Apple recently purchased a 70,000 square foot semiconductor manufacturing facility in San Jose, according to a new report. As reported by the Silicon Valley Business Journal, the plant was purchased from semiconductor company Maxim Integrated Products for $18.2 million. However, it's unlikely that the plant will be a part of any large-scale operations. Instead, the report notes that Apple is likely to use the building for prototyping work:
"It's pretty small for a fab," said Dean Freeman, research VP at Gartner, where he leads the Internet of Things Center of Excellence. "The only thing I can think that they would be doing is potentially be saying, 'OK, we need to do some prototyping in some way or form.' Or they want a clean-room space to do some tweaky development. This isn't big enough to do anything (production-wise)."
The purchase adds to considerable land grabs Apple has made in the Bay Are over the last year. In early October, it was reported that Apple leased a massive 777,000 square foot campus space in Sunnyvale. Previously, Apple was reported to have also purchased a 43-acre development site in San Jose, while July saw the tech giant lease more office space in San Francisco. Of course all of this is in addition to Apple's "Spaceship" Campus 2 project, which is still undergoing construction in Cupertino.
Source: Silicon Valley Business Journal