US government to give $75 million to South Korean company for Georgia computer chip part factory

📆 23/05/2024 19:27:00
📰 AP

⏱ Reading Time:
22 sec. here
16 min. at publisher
📊 Quality Score:
News: 61%
Publisher: 51%

United States Government Nouvelles

South Korea Government,General News,GA State Wire

.The federal government will spend $75 million to help build a factory making glass parts for computer chips. The U.S. Department of Commerce announced the investment Thursday in Absolics. That's a subsidiary of South Korea’s SK Group. The plant in Covington, Georgia, was announced in 2021.

COVINGTON, Ga. — The federal government will spend $75 million to help build a factory making glass parts for computer chips.

The plant in Covington, Georgia, was announced in 2021. At the time, it was supposed to cost $473 million and hire 400 workers. The Department of Commerce said this is the first time the CHIPS and Science Act has been used to fund a factory making a new advanced material for semiconductors. The 2022 federal law authorized the spending of $280 billion to aid the research and manufacturing of semiconductors in the United States.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

DigiCask Debuts Tokenized Whisky Casks on Solana, Expanding Accessibility in the $75 Billion Global Whisky MarketCrypto Blog
La source: Crypto_Potato - 🏆 568. / 51 Lire la suite »