News Formal

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

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

United States Government Nyheter

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 728. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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