Apple snaps up former semiconductor plant in San JoseApple 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 7...<br clear='all'/>
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Apple snaps up former semiconductor plant in San Jose
