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TaiwanPlus News
  • 12/18/2024
The U.S. commerce department has finalized a US$406 million CHIPS Act grant to Taiwan's GlobalWafers to increase production of silicon semiconductor wafers, used in chip manufacturing, at its sites in the states of Texas and Missouri.
Transcript
00:00Taiwan's Global Wafers has secured over 400 million U.S. dollars in subsidies from Washington.
00:07The prominent maker of silicon semiconductor wafers is set to significantly increase its
00:11production in the states of Texas and Missouri.
00:15The grant comes from U.S. President Joe Biden's Signature Chips Act, which aims to spur U.S.-made
00:20semiconductors, seen as critical for national security.
00:24Currently, about 90 percent of silicon wafers are produced in East Asia.

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