Flexible Electronics News

SEMI Applauds U.S. CHIPS ACT Award for Samsung Electronics Site

New manufacturing facility in Texas will strengthen domestic semiconductor supply chain.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SEMI applauded the US Department of Commerce’s announcement of a preliminary memorandum of terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips. The award includes $6.4 billion in grants and an investment tax credit to help fund two new leading-edge logic fabs, a research and development fab, and an advanced packaging facility in Taylor, TX. Samsung Electronics w...

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