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

📆 23.05.2024 20:27:00
📰 AP

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

United States Government Новости

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.

Написать комментарий

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

DigiCask Debuts Tokenized Whisky Casks on Solana, Expanding Accessibility in the $75 Billion Global Whisky MarketCrypto Blog
Источник: Crypto_Potato - 🏆 568. / 51 Прочитайте больше »