Markham is at the forefront of the $7 billion semiconductor market and home to many of the industry’s global leaders.

The next generation of home appliances, electric vehicles, medical devices and virtual reality headsets share one thing: they need powerful memory and processors to bring them to life. The increasing demand for these advanced chips has strained the global supply chain. This strain is leading original equipment manufacturers (OEMs) to look for new semiconductor chip research and development (R&D) and manufacturing partners.

The latest addition to Markham's semiconductor ecosystem is Astera Labs, which recently opened its Research and Development Design Centre in the city. Markham is an excellent choice for the data and memory connectivity solution provider whose customers include AMD, Intel, Amazon, Samsung, and TSMC. The Markham location was Astera Labs' second location in North America, aside from its headquarters in Silicon Valley.

Astera Labs Office Opening

In Canada, you can find some of the world's leading semiconductor companies in Markham, the center of Canada's second-largest technology cluster. Home to over 1,500 tech companies employing more than 35,000 highly-skilled workers across several industries, including semiconductor research and development. Global semiconductor businesses, including TSMC, Samsung Electronics, AMD, Qualcomm, and Intel, have chosen Markham for its location and workforce – making it the largest semiconductor cluster in Canada.

$7 billion


Member of

National Semiconductor Council

Strong expertise

in Semiconductor research and development
Exterior of 105 Commerce Valley Dr West with snow on the ground (Sign with logos of AECOM, Qualcomm, and Mitel)

Support for this vital and growing industry is provided through ventureLAB’s Hardware Catalyst Initiative, Canada’s only incubator focused on semiconductor products. Markham is also home to Canada’s Semiconductor Council, an industry-led national coalition of business leaders and chip manufacturers.

Impact of

ventureLAB companies


Jobs Created

$340 Million+

Raised in investment capital
ventureLAB booth at Collision 2022

Semiconductor companies in

Creation Technologies
Header logo SMTC
Astera Labs
Microart Services
ITL Circuits
Six Semi logo black

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