[ad_1] In addition to the $6.4 billion, Samsung has indicated it also will claim an investment tax credit from the U.S. Treasury Department.(Photo: Reuters) 2 min read Last Updated : Apr 15 2024 | 3:33 PM IST The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for … Read more
[ad_1] The Biden administration plans to announce it is awarding between $6 billion and $7 billion to South Korea’s Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be unveiled … Read more
[ad_1] Japanese Prime Minister Fumio Kishida (Photo: Bloomberg) Japanese Prime Minister Fumio Kishida visited a new semiconductor plant for which his government has pledged more than 1 trillion yen (USD 7 billion) of support to secure a steady supply of chips on Saturday. I believe this project will have positive ripple effects throughout … Read more
[ad_1] By Debby Wu and Chien-Hua Wan Taiwan’s semiconductor industry restarted operations and emergency personnel worked to help injured and trapped citizens as the island begins to recover from its worst earthquake in 25 years. Taiwan Semiconductor Manufacturing Co. expects its most advanced factory to reach full recovery later on Thursday, after it … Read more
[ad_1] Union Minister of Electronics & Information Technology, Telecom, and Railways Ashwini Vaishnaw at the Business Standard Manthan, in New Delhi on Wednesday (Photo: Kamlesh Pednekar) The $750 billion global semiconductor industry is set to double in size in the next 6-7 years, and India is uniquely positioned to take advantage of it, Minister … Read more
[ad_1] Premium Ashwini Vaishnaw, Union Minister of Electronics and Information and Technology With the Cabinet recently clearing three more semiconductor projects, which include a mega fab plant by the Tata group, India is set to enter the exclusive club of countries that have such facilities. In an interview with Surajeet Das Gupta, Communications, Electronics … Read more
[ad_1] Premium The projects, under the India Semiconductor Mission, were cleared by the Union Cabinet a few days ago. The Tata group has been allotted about 160 acres in Gujarat’s Dholera to set up the country’s first mega semiconductor fabrication plant with an investment of Rs 91,000 crore, according to officials in the state … Read more
[ad_1] The Cabinet on Thursday approved the setting up of three semiconductor plants in India, Minister of Electronics & Information Technology Ashwini Vaishnaw announced. He said the construction of these plants will start in the next 100 days. “Today the Prime Minister has taken an important decision to set up a semicondutor fab … Read more
[ad_1] India has made significant strides in the semiconductor sector in the last two years and during this period, Rs 2.50 lakh crore worth of investment proposals have been received by the government from global chip makers, said Union Minister of State for Electronics & Technology Rajeev Chandrasekhar on Wednesday. He said India has … Read more
[ad_1] The Biden administration is granting $1.5 billion in funding to to bolster semiconductor production under the . The company, which spun out from AMD in 2009 and also has access to $1.6 billion in loans from the CHIPS Program Office, will split the cash between three projects. First, GlobalFoundries will build a new fabrication … Read more