SKC’s US affiliate Absolics receives $100 million in US R&D grants

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SKC’s US affiliate Absolics receives $100 million in US R&D grants - Korea Economic Daily

Quick Summary:

According to the Commerce Department, Absolics is one of three recipients of $300 million in investment funds set up under the National Advanced Packaging Manufacturing Program (NAPMP), a part of the CHIPS for America project designed to boost the US semiconductor industry.

Absolics Inc., the US glass substrate affiliate of South Korean chemical materials company SKC Ltd., has been selected to receive up to $100 million in research and development grants from the US Department of Commerce.

With the latest R&D grant, the company has been further recognized for its advanced glass substrate technology.“The research investments represent novel efforts in advanced substrates ...