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Samsung, CHIPS and Texas
The US finalizes CHIPS Act funding for Samsung and Texas Instruments
The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication,” according to a pair of announcements published on Friday.
Samsung Electronics, Texas Instruments Finalize Chips Act Awards
Samsung Electronics Co. and Texas Instruments Inc. completed final agreements to get billions of dollars of government support for new semiconductor plants in the US, cementing a major piece of the Biden administration’s Chips Act initiative.
Samsung finalizes $4.75B CHIPs Act award
The Biden administration finalized a $4.745B grant for South Korea's Samsung (SSNLF) as part of the $53B CHIPs Act on Friday. Read for more.
Samsung finalizes CHIPS Act incentive; scope of factory less than previously announced
Samsung Electronics Co. Ltd. has finalized the incentive it will get through the federal CHIPS and Science Act, although the company won't be making as big of an investment in Taylor as what was proclaimed when dignitaries descended on the small town to announce a preliminary CHIPS award earlier this year.
Live news: US finalises $4.7bn chips funding for Samsung
Samsung will receive up to $4.74bn in US federal Chips Act subsidies under the terms of a final deal with the commerce department announced on Friday, supporting its $37bn investment in building chip plants in Texas.
US finalizes $4.7b in CHIPS Act subsidy to Samsung Electronics
US finalizes $4.7b in CHIPS Act subsidy to Samsung Electronics The US Commerce Department said Friday that it awarded Samsung Electronics Co. up to $4.745 billion in direct funding to support the South Korean tech giant's chipmaking investment in central Texas,
U.S. cuts Samsung CHIPS Act award by nearly $1.7bn
PALO ALTO, California -- The Biden administration finalized grant of up to $4.75 billion to Samsung Electronics on Friday for plans to make advanced semiconductors in the U.S., a number far short of the up to $6.4 billion in funding announced in April.
CHIPS Incentives Program Awards Samsung Electronics $4.7B
Funding will support Samsung’s $37B investment to create an ecosystem for development and production of leading-edge chips in Central Texas.
U.S. Reduces Samsung’s Grant for Texas Chip-Making Project
South Korea’s Samsung Electronics on Friday finalized a U.S. grant of up to about $4.75 billion to help fund its chip-making expansion in Texas, significantly less than the $6.4 billion that the company and the government [initially announced.
US finalizes $4.7 bil. in CHIPS Act subsidy to Samsung Electronics
The U.S. Commerce Department said Friday that it awarded Samsung Electronics up to $4.745 billion in direct funding to support the Korean tech giant's chipmaking investment in central Texas, as it strives to strengthen domestic semiconductor production.
US confirms billions in chips funds to Samsung, Texas Instruments
President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmak
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Suppliers to Samsung and other chip firms play waiting game amid slow grants and industry slump
Project delays are reverberating throughout the supply chain, compounded by the fact that when Samsung and others, like Intel Corp. in Ohio and Taiwan Semiconductor Manufacturing Co. in Arizona, ...
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GlobalWafers shores Up $406 Million in US Chips Act awards
GlobalWafers Co., a Taiwanese maker of silicon wafers used in chip manufacturing, finalized a deal to receive as much as $406 ...
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