US finalizes $406 million subsidy for GlobalWafers' US wafer plants

The U.S. Commerce Department finalized $406 million in government grants to Taiwan's GlobalWafers to increase production of silicon wafers in the United States. The funds will support nearly $4 billion in investments for new facilities in Sherman, Texas, and St. Peters, Missouri, creating 1,700 construction and 880 manufacturing jobs.

“The U.S. Commerce Department said on Tuesday it has finalized $406 million in government grants to Taiwan's GlobalWafers to significantly increase production of silicon wafers in the United States.”thestandard.com.hk

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• thestandard.com.hkUS finalizes $406 million chips subsidy for Taiwan's GlobalWafersDec 17, 2024

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