The Astonishing Factory Incentive Paid by the USA to Samsung

The USA, which has launched an incentive program to attract investments from technology giants, will give a grant of 6.4 billion dollars to Samsung, which established a factory in Texas.

Recently made a large investment in the USA Samsung’s It was stated that he could receive grants of up to 6 billion dollars. The huge incentive amount that the South Korean technology giant, which directs its investments to this country within the scope of the incentive program announced by the American Government, will receive has been announced. Samsung full $6.4 billion grant will take.

US Department of Commerce with Samsung “Chips and the Law of Science” reached an agreement within the scope of With this incentive, Samsung’s headquarters in Texas Factories to be established in the cities of Austin and Taylor will be supported. Samsung, which plans to build a facility in Taylor in addition to the old factory in Austin, will also establish a chip packaging factory and a chip research center.

The USA aims to reduce its external dependence on chips

Behind the USA’s incentive decision is the country’s chip and semiconductor Efforts are coming to reduce foreign dependency. The US administration is particularly disturbed by the dominance of countries such as China, South Korea and Taiwan in this field. In addition, along with the progress in the semiconductor sector, the USA is expected to make progress in the aerospace, automobile, electronics and defense industries.

Making statements on the subject White House National Economic Advisor Lael Brainard, “The return of leading chip manufacturing to the United States is an important new chapter for our semiconductor industry.” he said. The Biden administration had previously provided similar incentives to Intel, Global Foundries, Microchip Technology and TMSC.

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Source :
https://www.sammobile.com/news/samsung-usd-6-4-billion-tax-incentives-semiconductor-chip-plant-texas-usa/


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