Samsung awarded $6.4 billion in US grants to increase Texas chip output
WASHINGTON, D.C.: This week, the Department of Commerce said that South Korea's Samsung will receive grants worth US$6.4 billion from the Biden administration to expand its chip production in central Texas as part of a broader effort to boost U.S. chipmaking.
The agency added that two chip production facilities, a research center, and a packaging facility in Taylor, Texas, will be supported by funding from the 2