Minnesota's semiconductor industry plays a vital role in the development of electronic components critical for various sectors, including automotive and aerospace. The state is home to a mix of companies that manufacture, test, and develop semiconductor technologies. From large manufacturers to specialized firms, this industry is advancing rapidly with innovations in chip design and power electronics. As technological needs grow, many companies are focusing on sustainability and domestic supply chains, increasingly prioritizing secure manufacturing processes. The path ahead suggests a stronger emphasis on high-performance devices and efficient production methods as global demand continues to expand.


The companies in this listing range from small firms with innovative technology solutions to larger corporations with extensive manufacturing capabilities. Many are headquartered in key Minnesota cities, such as Bloomington and Minneapolis, while others operate from smaller hubs. The founding years vary widely, from early entities established in the 1920s to recently created startups. Their specializations include high-reliability microelectronics, testing solutions, and power semiconductor devices, showcasing a rich tapestry of expertise within the state’s semiconductor scene.


Explore the prominent semiconductor companies based in Minnesota.


Top 22 Semiconductor Companies Companies in Minnesota


1. Polar Semiconductor

  • Website: polarsemi.com
  • Ownership type: Venture Capital
  • Headquarters: Bloomington, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Other (Grant), $123.0M, September 2024
  • Founded year: 1962
  • Headcount: 501-1000
  • LinkedIn: polar-semiconductor

Polar Semiconductor, LLC, based in Bloomington, Minnesota, is a semiconductor manufacturer with a rich history dating back to 1962. The company specializes in analog and power semiconductor devices and sensors, serving key markets including automotive, industrial, and consumer sectors. With a workforce of approximately 401 employees, Polar Semiconductor operates a state-of-the-art manufacturing facility that adheres to stringent cleanroom standards. The firm prides itself on producing high-quality, American-made products, which is increasingly important in today's market. Recently, Polar Semiconductor received $123 million in federal funding, aimed at expanding its capabilities and enhancing its manufacturing processes. This funding underscores the company's commitment to innovation and its role in addressing supply chain challenges. Polar Semiconductor's products are integral to various applications, from automotive systems to consumer appliances, making it a notable entity in the semiconductor industry.


2. Trusted Semiconductor Solutions

  • Website: trustedsemi.com
  • Ownership type: Private
  • Headquarters: Brooklyn Park, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 95%, Denmark 5%
  • Founded year: 2006
  • Headcount: 11-50
  • LinkedIn: trusted-semiconductor-solutions

Trusted Semiconductor Solutions, founded in 2006 and based in Brooklyn Park, Minnesota, specializes in high-reliability microelectronics. The company operates with a fabless business model, collaborating with various foundries to produce a range of products, including ASICs, data converters, and radiation-hardened components. Their primary markets include aerospace, defense, industrial, and medical sectors, where reliability and performance are critical. Trusted Semiconductor Solutions is recognized for its flexibility and customer-centric approach, providing comprehensive services from design to delivery. Their team consists of experienced engineers skilled in IC design, package design, and testing, ensuring that they meet the stringent requirements of mission-critical applications. The company is also a non-traditional defense contractor and holds a Category 1A Trusted accreditation, underscoring its commitment to quality and security in its operations.


3. Agnitron Technology, Inc.

  • Website: agnitron.com
  • Ownership type: Private
  • Headquarters: Chanhassen, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Other (Grant), $150,000, July 2013
  • Founded year: 2008
  • Headcount: 11-50
  • LinkedIn: agnitron-technology

Agnitron Technology, Inc., founded in 2008 and based in Chanhassen, Minnesota, is a private semiconductor manufacturer and research and development service provider. The company specializes in custom MOCVD solutions, offering advanced equipment and services for the development of semiconductor materials and devices. Agnitron's expertise lies in the growth of various compounds, including GaN and Ga2O3, which are critical for applications in power electronics and UV photodetectors. Their R&D laboratory supports the development of new MOCVD components and custom epitaxial structures, catering to both commercial and academic clients. Agnitron has also been involved in collaborations with military organizations to advance GaN growth processes. Their focus on innovation and quality positions them as a trusted partner in the semiconductor industry, actively participating in conferences and workshops to showcase their research and advancements.


4. Mel Foster Company

  • Website: melfoster.com
  • Ownership type: Private
  • Headquarters: Minnetonka, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1924
  • Headcount: 11-50
  • LinkedIn: mel-foster-company

Mel Foster Company, established in 1924 and based in Minnetonka, Minnesota, operates as a manufacturer's representative specializing in semiconductor technologies, passive electromechanical components, and embedded systems. With a dedicated team of 36 employees, the company has built a reputation for its technical expertise and customer-focused approach. Mel Foster serves a variety of businesses in the technology sector, providing high-quality components and solutions that enhance product offerings. Their extensive experience in the industry is complemented by strong relationships with leading manufacturers, allowing them to effectively support clients with design assistance, product availability, and technology research. As a member of Intel's Embedded Alliance ecosystem, Mel Foster also emphasizes the importance of lifecycle support and optimization of standard products, showcasing their commitment to innovation and customer satisfaction.


5. Johnstech International

  • Website: johnstech.com
  • Ownership type: Private
  • Headquarters: Minneapolis, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 77%, Philippines 16%, Singapore 7%
  • Founded year: 1991
  • Headcount: 51-200
  • LinkedIn: johnstech-international

Johnstech International, founded in 1991 and based in Minneapolis, Minnesota, is a private semiconductor manufacturer that specializes in precision test contactors and related solutions. The company serves a variety of sectors, including automotive, consumer electronics, and industrial markets, providing high-performance testing solutions that ensure reliability and efficiency in production processes. With a workforce of approximately 92 employees, Johnstech has established itself as a key player in the semiconductor testing arena. Their product offerings include advanced technologies such as spring probes and wafer-level chip-scale package (WLCSP) solutions, which are critical for the testing of semiconductor devices. Johnstech's commitment to quality is reflected in their ISO certifications and adherence to environmental standards, including RoHS compliance. Their innovative approach and focus on customer partnerships highlight their role in enhancing the semiconductor manufacturing process.


6. ForwardEdge ASIC

  • Website: forwardedgeasic.com
  • Ownership type: Private
  • Headquarters: Saint Paul, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 95%, South Korea 2%, India 2%
  • Founded year: 2023
  • Headcount: 51-200
  • LinkedIn: forwardedge-asic

ForwardEdge ASIC, established in 2023 and based in Saint Paul, Minnesota, is a microelectronics firm that specializes in application-specific integrated circuit (ASIC) technology. As a wholly owned subsidiary of Lockheed Martin, ForwardEdge ASIC leverages the extensive experience and resources of its parent company to deliver innovative microelectronic solutions. The company focuses on architecture and design services, turnkey products, and go-to-market solutions tailored for critical sectors such as aerospace, defense, medical, energy, and cybersecurity. With a team of skilled engineers and a commitment to 100% domestic supply chain traceability, ForwardEdge ASIC aims to enhance the capabilities of the U.S. Defense Industrial Base. Their expertise is particularly evident in projects like the F-35 program, where they provide essential microelectronics that support advanced military applications. Despite being newly founded, ForwardEdge ASIC has quickly established itself as a significant player in the semiconductor industry, addressing the growing demand for secure and reliable microelectronics.


7. DigiKey

  • Website: digikey.com
  • Ownership type: Corporate
  • Headquarters: Thief River Falls, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 87%, Germany 5%, India 3%, Other 6%
  • Latest funding: May 2020
  • Founded year: 1972
  • Headcount: 1001-5000
  • LinkedIn: digikey

DigiKey Corporation, founded in 1972 and based in Thief River Falls, Minnesota, is a prominent electronic components distributor. The company specializes in providing a vast selection of products, including semiconductors, connectors, automation equipment, and more. DigiKey's online platform allows customers to easily order components, and they are known for their rapid delivery services, which cater to businesses and organizations across various sectors. With a workforce of over 2,500 employees, DigiKey has established itself as a reliable source for electronic components, particularly in the semiconductor space, where they stock a wide range of integrated circuits, discrete components, and development kits from numerous manufacturers. Their commitment to customer service and efficient logistics further solidifies their position in the industry.


8. Ironwood Electronics

  • Website: ironwoodelectronics.com
  • Ownership type: Corporate
  • Headquarters: Eagan, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: September 2022
  • Founded year: 1986
  • Headcount: 51-200
  • LinkedIn: ironwood-electronics

Ironwood Electronics, founded in 1986 and based in Eagan, Minnesota, is an electronics manufacturer that specializes in high-performance test sockets and adapters for semiconductor devices. The company serves a critical function in the semiconductor industry by providing solutions that enhance testing efficiency and accuracy. Their product range includes sockets and adapters for various integrated circuit (IC) packages, such as QFN, BGA, SOIC, QFP, LGA, and WLCSP. Ironwood's products are designed to support high-frequency applications, with capabilities reaching up to 110 GHz bandwidth. They also offer custom engineering services, allowing for tailored solutions to meet specific client needs. With a commitment to quality, Ironwood Electronics is ISO 9001:2015 certified, ensuring that their products meet rigorous standards. The company has built a reputation for reliability and innovation, having produced over 150,000 IC sockets and more than 1 million IC adapters, making them a notable entity in the semiconductor testing space.


9. Sensonix Inc

  • Website: sensonix.com
  • Ownership type: Private
  • Headquarters: Plymouth, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2000
  • Headcount: 11-50
  • LinkedIn: sensonix-inc

Sensonix Inc, founded in 2000 and based in Plymouth, Minnesota, is an engineering services firm that specializes in advanced microelectronics, ASIC design, and wireless product fabrication. With a dedicated team, they offer custom IC designs and volume production, catering primarily to the industrial automation and wireless connectivity sectors. Sensonix provides a range of services, including contract manufacturing, PCB assembly, and advanced packaging, ensuring that they can support clients throughout the product development cycle. Their expertise extends to low power designs, embedded systems, and certifications for hazardous areas, making them a valuable partner for companies looking to innovate in the semiconductor space. Sensonix operates with a focus on quality and efficiency, leveraging in-house capabilities and a robust supply chain to meet customer demands.


10. SVT Associates, Inc.

  • Website: svta.com
  • Ownership type: Private
  • Headquarters: Eden Prairie, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1993
  • Headcount: 11-50
  • LinkedIn: svt-associates

SVT Associates, Inc., founded in 1993 and based in Eden Prairie, Minnesota, is a private company with a workforce of approximately 27 employees. The firm specializes in the manufacture of Molecular Beam Epitaxy (MBE) systems and Thin Film Deposition Equipment, which are critical for the production of high-quality electronic components. Their product offerings include various MBE systems tailored for different materials, such as III-V and II-VI compounds, as well as advanced monitoring solutions like the In-Situ 4000 Process Monitor. This equipment is essential for ensuring precise control over the deposition processes in semiconductor fabrication. SVT Associates serves a niche market within the semiconductor industry, focusing on providing the tools necessary for the development of cutting-edge electronic devices. Their commitment to innovation and quality positions them as a significant contributor to the semiconductor manufacturing ecosystem.


11. Celadon Systems, Inc.

  • Website: celadonsystems.com
  • Ownership type: Corporate
  • Headquarters: Burnsville, Minnesota, United States (USA)
  • Latest funding: August 2021
  • Founded year: 1997
  • Headcount: 11-50
  • LinkedIn: celadon-systems

Celadon Systems, Inc., founded in 1997 and based in Burnsville, Minnesota, is a semiconductor manufacturer that specializes in high-performance probe cards and testing equipment. The company serves a variety of sectors, including medical, automotive, and aerospace, providing solutions that focus on extreme temperature testing and reliability assessments. Their innovative products, such as the VC20E™ and T40™ probe cards, are designed to meet the rigorous demands of semiconductor testing, ensuring high performance and durability. Celadon Systems is recognized for its commitment to quality and innovation, holding several patents related to its technology. The company operates with a small team of around 33 employees, emphasizing agility and specialized expertise in the semiconductor field. As a wholly owned subsidiary of MPI Corporation, Celadon Systems benefits from a broader network while maintaining its focus on delivering advanced testing solutions.


12. MCT Worldwide

  • Website: mct.com
  • Ownership type: Private
  • Headquarters: Minneapolis, Minnesota, United States (USA)
  • Founded year: 1972
  • Headcount: 51-200
  • LinkedIn: mct-worldwide-llc

MCT Worldwide, known as Cohu, is a private company based in Minneapolis, Minnesota, founded in 1972. With a workforce of approximately 51 to 200 employees, Cohu specializes in semiconductor testing and inspection solutions. The company offers a comprehensive range of products, including test handlers, semiconductor testers, and inspection systems. Their technology is utilized by clients in various sectors such as automotive, computing, consumer electronics, and industrial applications. Cohu's solutions are designed to optimize manufacturing processes, improve product quality, and enhance overall efficiency in semiconductor production. Their commitment to innovation and quality positions them as a key player in the semiconductor industry.


13. Hutchinson Technology Inc.

  • Website: hutchinson.tdk.com
  • Ownership type: Private
  • Headquarters: Hutchinson, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 75%, Thailand 25%
  • Founded year: 1965
  • Headcount: 51-200
  • LinkedIn: hti

Hutchinson Technology Inc., established in 1965 and based in Hutchinson, Minnesota, is a technology manufacturer that specializes in precision electromechanical components and assemblies. The company operates under the umbrella of TDK Corporation, having been acquired in 2016. Hutchinson Technology serves key markets including smartphones, microelectronics, and disk drives, providing innovative solutions that enhance product performance and reliability. Their product offerings include optical image stabilization systems, micro assemblies, hard disk drive suspensions, and various sensors. The company employs advanced manufacturing technologies such as chemical etching, PVD sputtering, and laser welding, which are crucial for producing high-quality components. With a commitment to continuous improvement and customer satisfaction, Hutchinson Technology plays a significant role in the supply chain of the semiconductor industry, particularly in applications that require precision and reliability.


14. New Wave Design


New Wave Design, founded in 2012 and based in Eden Prairie, Minnesota, is a technology company that specializes in high-performance embedded computing solutions and FPGA processor cards. The company primarily serves the Military and Aerospace sectors, providing innovative hardware and software solutions tailored for mission-critical applications. Their product offerings include VPX modules, XMC/PMC cards, PXIe modules, and PCIe cards, all designed to meet the rigorous demands of their clients. New Wave Design also emphasizes custom hardware design services, showcasing their engineering expertise and commitment to quality. Their focus on advanced technology solutions positions them as a significant player in the semiconductor industry, particularly in applications that require high reliability and performance. The company has not reported any funding, indicating a self-sustained growth model.


15. Infinite Graphics Incorporated

  • Website: igi.com
  • Ownership type: Private
  • Headquarters: Minneapolis, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1969
  • Headcount: 11-50
  • LinkedIn: igi_2

Infinite Graphics Incorporated, founded in 1969 and based in Minneapolis, Minnesota, is a private technology and engineering services company. With a workforce of around 26 employees, IGI focuses on providing software solutions specifically for semiconductor manufacturing and precision graphics. Their expertise lies in CAD/CAM software, which is essential for enhancing manufacturing processes in the electronics and medical sectors. IGI's product offerings include tools for solder paste stencil generation, electrical testing, and graphical data conversion, all of which are vital for efficient semiconductor production. The company has a rich history in photolithography, having pioneered many products and processes that are still relevant today. Their software solutions are not only applicable to semiconductor manufacturing but also extend to other industries, showcasing their adaptability and technical prowess.


16. Lion Precision, a Carlisle Company

  • Website: lionprecision.com
  • Ownership type: Private
  • Headquarters: Saint Paul, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1958
  • Headcount: 11-50
  • LinkedIn: lion-precision

Lion Precision, a Carlisle Company, is a technology firm based in Saint Paul, Minnesota, founded in 1958. The company specializes in precision measurement and sensing solutions, offering a range of products such as capacitive and eddy current sensors. These products are particularly significant in industries like semiconductor manufacturing and life sciences. Lion Precision focuses on providing high-resolution, non-contact measurement technologies that enhance production efficiency and quality control. Their involvement in semiconductor wafer sensing highlights their commitment to supporting the semiconductor industry with innovative solutions. The company operates with a small team of 11-50 employees, emphasizing a tailored approach to sensor development and customization to meet specific client needs.


17. Pro-tech Interconnect Solutions, LLC


Pro-tech Interconnect Solutions, LLC, founded in 2002 and based in Chaska, Minnesota, is a manufacturing firm that specializes in printed circuit boards (PCBs) and heavy copper solutions. The company serves a variety of sectors, including automotive, military, and industrial, by providing high-quality PCB manufacturing and engineering services. Pro-tech is particularly noted for its innovative approaches to thermal and power management in electronic applications. Their manufacturing capabilities include selective heavy copper plating and engineering services that enhance the performance and reliability of PCBs. Pro-tech is committed to quality, as evidenced by their certifications, including AS9100D and ISO 13485, which reflect their adherence to rigorous industry standards. The company operates a 30,000 square-foot facility equipped with advanced manufacturing technology, ensuring they meet the demands of their clients effectively.


18. Micro Control Company

  • Website: microcontrol.com
  • Ownership type: Private
  • Headquarters: Minneapolis, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 91%, Taiwan 7%, India 2%
  • Founded year: 1972
  • Headcount: 201-500
  • LinkedIn: micro-control-company

Micro Control Company, founded in 1972 and based in Minneapolis, Minnesota, is a manufacturer that specializes in high-power burn-in testing systems tailored for the electronics industry. The company focuses on providing advanced solutions for testing microchips and electronic devices, ensuring that these components meet the necessary reliability and performance standards. Their product offerings include high-power burn-in systems, burn-in boards, and various accessories designed to support the burn-in process. With a commitment to quality and customer service, Micro Control Company has established itself as a key player in the semiconductor testing market, continuously innovating to meet the evolving needs of their clients. Their systems are utilized globally, reflecting their importance in the semiconductor supply chain.


19. C&H Technology, Inc.

  • Website: chtechnology.com
  • Ownership type: Private
  • Headquarters: Minnetonka, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1979
  • Headcount: 11-50
  • LinkedIn: c%26h-technology-inc-

C&H Technology, Inc., based in Minnetonka, Minnesota, has been a player in the power electronics sector since its founding in 1979. The company specializes in manufacturing high current and high voltage components, including rectifiers, thyristors, and IGBTs. These components are crucial for power management and control applications across various industries, particularly in manufacturing and renewable energy. C&H Technology serves a range of industrial customers, providing essential components that facilitate efficient energy use and control. Their product offerings include assemblies, rectifiers, thyristors, and other related components, showcasing their commitment to quality and innovation in the power electronics field.


20. Control Concepts Inc.

  • Website: ccipower.com
  • Ownership type: Private
  • Headquarters: Chanhassen, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1980
  • Headcount: 51-200
  • LinkedIn: control-concepts-inc._2

Control Concepts Inc., based in Chanhassen, Minnesota, has been a technology solutions provider since 1980. The company focuses on power control systems, offering a range of products that include single-phase and three-phase power controllers, custom OEM solutions, and digital interfaces. Their clientele primarily consists of businesses in industries such as semiconductors and glass manufacturing, where efficient power management is crucial. Control Concepts Inc. designs its products to meet the specific needs of these industries, ensuring that their solutions enhance operational efficiency and reliability. The company prides itself on providing expert support and tailored solutions, which has helped them maintain a strong presence in the market.


21. MultiSource Manufacturing LLC

  • Website: multisourcemfg.com
  • Ownership type: Private Equity
  • Headquarters: Minnetonka, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: May 2016
  • Founded year: 1998
  • Headcount: 201-500
  • LinkedIn: multisourcemanufacturingllc

MultiSource Manufacturing LLC, founded in 1998 and based in Minnetonka, Minnesota, is a contract manufacturer that specializes in precision machining and manufacturing components for the medical, aerospace, semiconductor, and industrial sectors. The company operates over 200,000 square feet of machining floor space and boasts more than 250 machine centers. Their services include engineering, project management, and inspection, which are crucial for helping customers scale production while adhering to strict quality standards. MultiSource has a strong focus on the semiconductor market, providing essential manufacturing capabilities that include a Class 1000 clean room for assembly and equipment builds. This facility allows them to meet the rigorous cleanliness and quality requirements necessary for semiconductor production. Their commitment to precision and quality has made them a trusted partner for original equipment manufacturers (OEMs) across various industries.


22. Analog Technologies Corp

  • Website: analog-tech.com
  • Ownership type: Private
  • Headquarters: Burnsville, Minnesota, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1993
  • Headcount: 51-200
  • LinkedIn: analog-technologies-corp-

Analog Technologies Corp, founded in 1993 and based in Burnsville, Minnesota, is a private electronics manufacturer that specializes in contract manufacturing services for electronic printed circuit board assemblies. The company has carved out a niche in high-reliability sectors, including aerospace, military, medical, and industrial applications. Their service offerings include PCB assembly, wire bonding, and advanced packaging, which are essential for complex electronic manufacturing needs. With a commitment to quality and innovation, Analog Technologies has developed processes such as silver sintering, which enhances thermal conductivity and reliability in electronic components. The company maintains a high engineer-to-staff ratio, ensuring that they provide tailored solutions to meet the specific challenges of their clients. Their extensive experience in low-volume, high-complexity production makes them a valuable partner in the electronics manufacturing landscape.



Semiconductor Companies Insights: Key Companies in Minnesota


CompanyHeadquarterSizeFoundedOwnership
Polar SemiconductorBloomington, Minnesota, United States (USA)501-10001962Venture Capital
Trusted Semiconductor SolutionsBrooklyn Park, Minnesota, United States (USA)11-502006Private
Agnitron Technology, Inc.Chanhassen, Minnesota, United States (USA)11-502008Private
Mel Foster CompanyMinnetonka, Minnesota, United States (USA)11-501924Private
Johnstech InternationalMinneapolis, Minnesota, United States (USA)51-2001991Private
ForwardEdge ASICSaint Paul, Minnesota, United States (USA)51-2002023Private
DigiKeyThief River Falls, Minnesota, United States (USA)1001-50001972Corporate
Ironwood ElectronicsEagan, Minnesota, United States (USA)51-2001986Corporate
Sensonix IncPlymouth, Minnesota, United States (USA)11-502000Private
SVT Associates, Inc.Eden Prairie, Minnesota, United States (USA)11-501993Private
Celadon Systems, Inc.Burnsville, Minnesota, United States (USA)11-501997Corporate
MCT WorldwideMinneapolis, Minnesota, United States (USA)51-2001972Private
Hutchinson Technology Inc.Hutchinson, Minnesota, United States (USA)51-2001965Private
New Wave DesignEden Prairie, Minnesota, United States (USA)51-2002012Private
Infinite Graphics IncorporatedMinneapolis, Minnesota, United States (USA)11-501969Private
Lion Precision, a Carlisle CompanySaint Paul, Minnesota, United States (USA)11-501958Private
Pro-tech Interconnect Solutions, LLCChaska, Minnesota, United States (USA)51-2002002Private
Micro Control CompanyMinneapolis, Minnesota, United States (USA)201-5001972Private
C&H Technology, Inc.Minnetonka, Minnesota, United States (USA)11-501979Private
Control Concepts Inc.Chanhassen, Minnesota, United States (USA)51-2001980Private
MultiSource Manufacturing LLCMinnetonka, Minnesota, United States (USA)201-5001998Private Equity
Analog Technologies CorpBurnsville, Minnesota, United States (USA)51-2001993Private


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