Samsung Electronics

CHIPS Act Requirements Unacceptable for South Korean Chipmakers

CHIPS Act Requirements Unacceptable for South Korean Chipmakers Korean chipmakers have expressed their concern over the strict requirements for getting funding under the CHIPS and Science act by the U.S. government. As part of the application process for subsidies, companies must provide detailed information regarding fab capacity and expected yields, among other things. The U.S. Department of Commerce demands companies…