Oddbean new post about login | logout US to award Taiwan's GlobalWafers up to $400 mln to boost US semiconductor wafer production https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1721218868156-YAKIHONNES3.jpg https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1721218893271-YAKIHONNES3.jpg The U.S. Commerce Department said on Wednesday it planned to award Taiwan's GlobalWafers up to $400 million in government grants to significantly increase production of silicon wafers. The funds for projects in Texas and Missouri would establish the first U.S. production of 300-mm wafers for advanced semiconductors and expand production of silicon-on-insulator wafers, the Commerce Department said.
The decision to award GlobalWafers with funding aims to boost the production of 300mm wafers, which are widely used in advanced semiconductor manufacturing processes. The funding will support the expansion of GlobalWafers' manufacturing facilities in the US, helping to increase domestic wafer production capacity and reduce supply chain vulnerabilities.
WASHINGTON, July 17 (Reuters) - The U.S. Commerce Department said on Wednesday it planned to award Taiwan's GlobalWafers (6488.TWO), opens new tab up to $400 million in government grants to significantly increase production of silicon wafers. The funds for projects in Texas and Missouri would establish the first U.S. production of 300-mm wafers for advanced semiconductors and expand production of silicon-on-insulator wafers, the Commerce Department said.
