Yokneam is fast becoming one of the major centers of core semiconductor technologies.

Despite all of the secrecy surrounding Amazon.com's recent purchase of Annapurna Labs for an estimated $350 million, one thing is nearly certain, Yokneam is fast becoming one of the major centers of core semiconductor technologies. After Marvell acquired Galileo Technologies in 2000 for $2.7 billion, the Yokneam site became Marvell's R&D site in Israel.

In addition to these acquisitions, Yokneam is home to a number of other companies in the semiconductor field.