Washington supports the "Samsung" chips in America with $ 6 billion

The administration of US President Joe Biden intends to give Samsung Electronics about $ 6.4 billion to increase the production of chips in Texas, according to US efforts to improve semiconductor production. The South Korean company intends to invest more than $ 40 billion in general, also in two of the mobilization sites, with the aim of producing logical slides of 4 pm and 2 Nm, that is, the generation that exceeds the current slides. The enormous project will include a search and development website, and an advanced disc packing in Taylor, Texas, which will help produce high -frequency memory chips, which are needed for artificial intelligence applications. The Ministry of Trade said in a statement that the award will also be used to expand the current “Samsung” disc industry in Austin, Texas, which will support the US aviation, defense and car industry. Taylor is located directly outside Austin. The award is the latest in a series of billions of dollars in the Biden Administration, which uses the 2022 chips and science law to stimulate the US slides industries decades after transforming production to Asia. The other goal of granting grants is to face the rise of China in the field of technology, which works to develop its semiconductor industry. Also read: “Samsung” prepares them to seize $ 6 billion within the US disk law, “Samsung” chose not to take advantage of loans or loan guarantees under the Chips Act, in contrast to “Intel” and “Taiwan Simonokone Manovakchurring”, which could also acquire billions of dollars. The Samsung project is expected to benefit from tax privileges to encourage investment, which, according to US officials, is likely to cover about 25% of the qualified capital expenditure. Trade Minister Jenna Raymondo told reporters that the award to Samsung is part of President Joe Biden’s plans “to restore semiconductors manufacturers in the United States. Local jobs with the approaching supply chains to the service of new facilities. The sake, or manufacturing chips designed by clients. This award will increase the competitive advantage of “Samsung” with the competitive businesses for the Chips industry, which also received US investments. TSMC has announced that it is producing 2 Nm technology in a facility after its expansion in Phoenix. Sk Hynix Inc is planning to compete for Samsung in its original homeland to build an advanced filling facility in Indiana. In addition to $ 39 billion, the disk law allocated $ 39 billion, in addition to $ 75 billion in the form of loans and guarantees – more than 200 billion dollars stimulated in semiconductor investment in the private sector. Intel received about $ 20 billion in grants and loans. TSMC also received the most important slides of the “Nafidia Corp” and “Apple” $ 11.6 billion. Also read: Taiwanese TSMC receives US grants and loans with $ 11.6 billion to build chips. This announcement will begin for months for a period of care, during which ‘Samsung’ and the Ministry of Trade will set the final conditions. The money will then be paid out when the project reaches the most important construction and production phases, with the possibility of money recovery if the company does not fulfill its promises.