GlobalWafers has received $200 million from CHIPS Act for US projects
By
Binu Mathew
TAIPEI: Taiwan-based Sino-American Silicon Products said on Friday its subsidiary GlobalWafers received just over $200 million from the U.S. CHIPS Act in June, about half of a grant the major silicon wafer supplier secured last year.
The funding was part of a $406 million award announced last December by the former Biden administration for the company’s projects in Texas and Missouri to significantly expand U.S. silicon wafer production.
