Samsung Electronics is predicted to receive as much as $7 billion (about 9.5 trillion won) in semiconductor subsidies from the U.S. government. That is the third largest after Intel and TSMC.
Reuters reported on the eighth (local time), citing sources, that the U.S. government will announce subsidies price $6 billion to $7 billion to Samsung Electronics next week under the Semiconductor Support Act.
Based on this, Samsung Electronics' subsidy size is predicted to be the third largest after America's Intel and Taiwan's TSMC. Intel and TSMC decided to receive subsidies of $8.5 billion (about 11.5 trillion won) and $6.6 billion (about 8.9 trillion won), respectively.
Samsung Electronics' investment within the U.S. is claimed to be around $44 billion, greater than double what was previously reported. Along with the $17 billion U.S. Taylor Foundry plant announced in 2021, Samsung Electronics plans to take a position an extra $20 billion so as to add one other factory, including cutting-edge packaging facilities and a research and development center. A complete of 4 facilities are scheduled to be built this yr.
This present day's report received much more attention because it got here out right after TSMC's U.S. subsidies were confirmed yesterday. The U.S. government decided to offer TSMC with not only $6.6 billion in subsidies but additionally $5 billion in low-interest loans. It is a large-scale support price a complete of $11.6 billion (roughly 15.7 trillion won).
Prior to this, U.S. President Joe Biden visited Intel's semiconductor plant in Arizona, USA on the twentieth of last month and announced that it might support large-scale semiconductor subsidies and loans totaling $19.5 billion (about 26 trillion won), including $8.5 billion in subsidies.
Subsidies for semiconductor firms are in accordance with the Chips Act enacted by the U.S. government in 2022. The Chips Act goals to offer a complete of $52.7 billion (about 70 trillion won) over 4 years to expand semiconductor production facilities in the USA.
The USA is attracting numerous semiconductor production facilities of worldwide semiconductor firms concentrated in Asia to the country through large-scale subsidies. The goal is to scale back dependence on China and Taiwan by increasing the share of America's semiconductor production capability, which has fallen to 12%.
Reporter Park Chan cpark@aitimes.com
