Category: chip makers

South Korea to Attend Preliminary Meeting of US-Led Chipmaker Group

August 19, 2022
Business & Marketschip makersCompaniesKoreaTechTech NewsUS
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SEOUL—South Korea is expected to attend a preliminary meeting for a U.S.-led group of major microchip manufacturers including Taiwan and Japan, South Korea’s foreign minister said on Thursday. Seoul’s participation in the preliminary meeting for the so-called “Chip 4” group could heighten the stakes for South Korea as it seeks to navigate the contest between…

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Chipmakers Will Abandon Plans for US Plants Unless Congress Passes $52 Billion Funding, Warns Raimondo

June 28, 2022
Business & Marketschip makerschip manufacturingCHIPS ActCompanieseconomyGina RaimondoInvestmentUS
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U.S. Commerce Department Secretary Gina Raimondo urged lawmakers to quickly approve $52 billion in funding for chipmakers as multiple companies have stalled their expansion plans in the country. “Mark my words … if Labor Day comes and goes and this Chips Act isn’t passed by Congress, these companies will not wait and they will expand…

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TSMC and Sony Considering Joint Chip Factory, Japan Government to Help: Nikkei

October 8, 2021
Business & Economychip makersInvestmentJapanTaiwanTech
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TOKYO—Taiwan’s TSMC Ltd. and Japan’s Sony Group Corp. are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion), the Nikkei reported on Friday. The plant in Kumamoto, southern Japan, is expected to produce semiconductors for automobiles, camera image…

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