{"id":889003,"date":"2024-12-17T17:30:10","date_gmt":"2024-12-17T12:00:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=889003"},"modified":"2024-12-19T07:24:35","modified_gmt":"2024-12-19T01:54:35","slug":"us-finalises-406-million-chips-subsidy-for-taiwans-globalwafers-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/17\/us-finalises-406-million-chips-subsidy-for-taiwans-globalwafers-2\/","title":{"rendered":"US finalises $406 million chips subsidy for Taiwan&#8217;s GlobalWafers"},"content":{"rendered":"<p>The US commerce department said on Tuesday it has finalized $406 million in government grants to Taiwan&#8217;s GlobalWafers to significantly increase production of silicon wafers in the United States. <\/p>\n<p>The funds for projects in Texas and Missouri will establish the first high-volume US production of 300-mm wafers for advanced semiconductors and expand production of silicon-on-insulator wafers, the commerce department said. <\/p>\n<p>The wafers are a crucial component of advanced semiconductors and part of the Biden administration&#8217;s efforts to boost the domestic chips supply chain. <\/p>\n<p>The subsidy will support nearly $4 billion in investments by GlobalWafers in both states to construct new wafer manufacturing facilities and create 1,700 construction and 880 manufacturing jobs. <\/p>\n<p>&#8220;We look forward to innovating with our US-based chip customers for decades to come,&#8221; GlobalWafers chief executive officer (CEO) Doris Hsu.<br \/>\nGlobalWafers said in 2022 it would build a $5 billion plant in Texas to make 300-mm silicon wafers used in semiconductors, switching from a defunct plan to invest in Germany. <\/p>\n<p>Currently, five major companies including GlobalWafers control more than 80% of the global 300-mm silicon wafer manufacturing market and about 90% of silicon wafers are produced in east Asia. <\/p>\n<p>GlobalWafers plans to build and expand facilities in Sherman, Texas, to produce wafers used to manufacture leading-edge, mature-node, and memory chips and a new facility in St. Peters, Missouri, for wafers used for defense and aerospace chips. <\/p>\n<p>The department has been racing to finalize awards under the 2022 $52.7 billion 2022 CHIPS and Science Act semiconductor manufacturing and research subsidy program before President-elect Donald Trump takes office on January 20 . <\/p>\n<p>Last week, Commerce finalized a $6.165 billion government subsidy for Micron Technology to produce semiconductors in New York and Idaho.<br \/>\nCommerce has finalized other awards in recent weeks including a $7.86 billion award for Intel, $6.6 billion for Taiwan Semiconductor Manufacturing Co&#8217;s opens newUS unit and $1.5 billion for GlobalFoundries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US commerce department said on Tuesday it has finalized $406 million in government grants to Taiwan&#8217;s GlobalWafers to significantly increase production of silicon wafers in the United States. The funds for projects in Texas and Missouri will establish the first high-volume US production of 300-mm wafers for advanced semiconductors and expand production of silicon-on-insulator wafers, the commerce department said. The wafers are a crucial component of advanced semiconductors and part of the Biden administration&#8217;s efforts to boost the domestic chips supply chain. The subsidy will support nearly $4 billion in investments by GlobalWafers in both states to construct new [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-889003","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/889003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=889003"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/889003\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=889003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=889003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=889003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}