Major Government Investment Will Propel Canada to Global Semiconductor Industry Forefront
FABrIC launched by CMC Microsystems thanks to strategic investment by the Government of Canada
July 4, 2024: CMC Microsystems, and Innovation, Science, and Economic Development Canada (ISED) today announced the launch of FABrIC, an initiative that secures Canada’s future in semiconductors and advanced manufacturing. FABrIC is made possible thanks to an investment of $120M over five years from ISED’s Strategic Innovation Fund (SIF), and is a crucial step to grow Canada’s semiconductor industry, develop new Made-in-Canada semiconductor-based IoT products, manufacturing options, and create a resilient and sustainable semiconductor ecosystem in Canada.