What the US paid to Samsung: “What kind of money is this?” The incentive amount that will make you say will be announced
April 15, 2024
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Recently made a major investment in the US From Samsung It was said he could receive grants of up to $6 billion. The huge stimulus amount that the
Recently made a major investment in the US From Samsung It was said he could receive grants of up to $6 billion. The huge stimulus amount that the South Korean technology giant, which is focusing its investments on this country under the stimulus program announced by the US government, will receive has been announced. Samsung vol A subsidy of $6.4 billion will take.
US Department of Commerce with Samsung “Chips and the Law of Science” reached an agreement in the context of This incentive will establish Samsung’s headquarters in Texas Plants will be located in the cities of Austin and Taylor will be supported. Samsung, which plans to build a factory in Taylor next to its old Austin factory, will also set up a chip packaging plant and a chip research center.
The US wants to reduce its external dependence on chips
Behind the US stimulus decision is the country’s chip and semiconductor Efforts are underway to reduce foreign dependence. The US government is particularly alarmed by the dominance of countries such as China, South Korea and Taiwan in this area. Moreover, in addition to progress in the semiconductor sector, the US is also expected to make progress in the aerospace, automotive, electronics and defense industries.
Making statements about the subject Lael Brainard, White House National Economic Advisor, “The return of leading chip manufacturing to the United States is an important new chapter for our semiconductor industry.” he said. The Biden administration had previously given similar incentives to Intel, Global Foundries, Microchip Technology and TMSC.
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