CONNECT WITH US
NEWS TAGGED SUBSIDY
Tuesday 1 October 2024
China enacts subsidies to stimulate TV demand
The subsidy program implemented by the Chinese government to encourage domestic consumers to replace old TVs with new ones is anticipated to stimulate overall TV demand in the fourth...
Monday 9 September 2024
Intel's foundry ambitions face setbacks, raising concerns over US$8.5 billion CHIPS Act subsidy
Intel's wafer manufacturing is facing significant challenges. Recent reports suggest that Broadcom estimates the Intel 18A process has not yet achieved mass production capability,...
Tuesday 3 September 2024
Biden administration adds US$521 million subsidy for EV charging network expansion
The Biden administration had already allocated US$7.5 billion for the purpose of expanding the electrical vehicle (EV) charging network. Recently, it announced that a subsidy of US$521...
Monday 2 September 2024
IntelliEPI receives subsidies of US$4.1 million from Texas CHIPS Act
Yung-Chung Kao, chairman of compound semiconductor manufacturer IntelliEPI, announced that the company has secured a subsidy of US$4.1 million under the Texas CHIPS Act, which will...
Friday 30 August 2024
Three issues remain following ASE's plans in Kyushu
Taiwan-based OSAT, ASE, signed a tentative contract with the government of Kitakyushu in Kyushu, Japan, to buy land in Kitakyushu's Wakamatsu-ku where they would attempt to expand...
Wednesday 21 August 2024
Intel in tight spot with no news on progress in Germany
Having received a subsidy of EUR10 billion (US$11 billion) from the German government to complete construction and start production within three years, what is the newest progress...
Monday 19 August 2024
Japan faces financial resource issues following Kishida's resignation
Japanese prime minister Fumio Kishida is stepping down before the end of September 2024. Many policies from his administration require large budgets, including providing subsidies...
Friday 16 August 2024
Intel's CHIPS Act implementation hamstrung by performance, packaging dependencies, workforce shortages
The US$39 billion funding allocation under the CHIPS and Science Act (CHIPS Act) is nearing completion.
Tuesday 13 August 2024
Intel faces mounting challenges under Gelsinger
Since taking the helm in February 2021, Intel CEO Pat Gelsinger has grappled with mounting losses at the company's foundry division. A critical challenge is establishing Intel Foundry...
Wednesday 7 August 2024
GlobalWafers cuts 2024 revenue outlook to high-single-digit drop
Silicon wafer company GlobalWafers has revised its revenue growth projection for 2024 to a decline in the high single digits. The revision was downgraded for the second time this...
Monday 29 July 2024
Slow EU approval delays Intel and TSMC subsidies under European Chips Act
In March and April 2024, Intel and TSMC received substantial subsidies of US$8.5 billion and US$6.6 billion respectively for building plants in the US under the CHIPS and Science...
Friday 5 July 2024
IRA local sourcing requirements hit US-based EV startups
Despite the Biden Administration's push for EV supply chain localization through policies like the Inflation Reduction Act (IRA), the recent Fisker bankruptcy suggests these policies...
Wednesday 26 June 2024
South Korea kicks off US$ 19 billion of chip loans, funds from July
South Korea will begin awarding aid to chipmakers in July, kicking off a KRW 26 trillion (US$ 19 billion) package of financial support pledged toward boosting a href="https://www.bloomberg.com/news/articles/2024-05-23/south-korea-sets-aside-record-19-billion-to-boost-chip-industry"...
Wednesday 26 June 2024
Don't get misled by Germany. Europe's demand for EVs stronger than anticipated
Germany terminated its EV subsidy at the end of 2023, casting a shadow over Europe's EV sales in 2024.
Wednesday 19 June 2024
TSMC chairman's visit to Europe - to negotiate prices for High NA EUVs and German subsidies
The visit of top Taiwan Semiconductor Manufacturing Company (TSMC) executives to Dutch semiconductor equipment manufacturer ASML in late May had many media speculating whether TSMC...