US finalizes up to $6.75 billion in chips awards for Samsung, Texas Instruments, Amkor

Quick Summary:

Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea's Samsung Electronics and up to $1.61 billion for Texas Instruments to expand chip production.

WASHINGTON :The U.S.

"With this investment in Samsung, the U.S.is now officially the only country on the planet that is home to all five leading-edge semiconductor manufacturers," said Commerce Secretary Gina Raimondo.

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Category: EconomyBusiness

Markets: SingaporeIndiaSouth KoreaTaiwanUnited States

Topics: Chips Finalized Semiconductor Commerce Department Texas Samsung Billion Million Award Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 02:06:02 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24572210

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