CONNECT WITH US
NEWS TAGGED SUBSIDIES
Tuesday 25 June 2024
Made-in-US lithium battery cells show production delay
In-house production of lithium battery cells by some US-based manufacturers is not going as smoothly as expected due to delays in factory construction and manufacturing progress,...
Friday 21 June 2024
China's EV makers got US$ 231 billion aid over 15 years, study says
China's electric vehicle industry received at least $231 billion in government subsidies and aid from 2009 through to the end of last year, even as the amount of support per vehicle...
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...
Wednesday 19 June 2024
GlobalWafers receives EUR103 million subsidy for Italian fab
GlobalWafers announced on June 18 that, following the European Commission's Directorate-General (DG) approval of GlobalWafers' Italian subsidiary MEMC Electronic Materials' plant...
Friday 31 May 2024
Japan considering ways to provide additional financial resources to Rapidus
As previous subsidies of a total of JPY920 billion (nearly US$6 billion) may not be sufficient to help Rapidus achieve its goal of mass-producing 2nm chips, Japan's Ministry of Economy,...
Thursday 30 May 2024
China mulling CNY6 billion to boost all-solid-state battery R&D
The Chinese government will likely take action to retain the country's leading position in the battery sector. State-owned media reported that China may offer CNY6 billion (US$844...
Friday 24 May 2024
Absolics becomes first materials firm to get US CHIPS Act subsidy
Absolics, an affiliate of South Korean chemical material firm SKC and invested by Applied Materials, signed a Preliminary Memorandum of Terms (PMT) with the US Department of Commerce...
Wednesday 22 May 2024
Taiwan seeks new funding solution for AMD's R&D center subsidy
The government will withhold approval of AMD's application to establish an R&D center in Taiwan until the source of related subsidy funding, potentially covering 35-40% of the...
Tuesday 21 May 2024
South Korea's semiconductor subsidy: a bid to attract SMEs
As major countries, particularly the United States, escalate their substantial subsidies for domestic semiconductor production, South Korea's industry is increasingly concerned about...
Friday 10 May 2024
Panasonic's battery unit benefits from US subsidy as weak EV demand to impact sales
Panasonic Group reported a record-high net income for the fiscal year ending in March 2024. Its battery business received significant tax credits from the US Inflation Reduction Act...
Friday 3 May 2024
China's chip self-sufficiency dream a 21st Century Great Leap Forward? How much longer can it subsidize?
Against the backdrop of a secular slowdown in economic growth and a real-estate bubble burst that added debt burdens, how much longer can China continue to subsidize its industries...
Tuesday 30 April 2024
Asahi Kasei to build large battery separator plant in Canada with US IRA subsidy support
Japan's Asahi Kasei has unveiled plans to construct an integrated plant in Ontario, Canada.
Friday 26 April 2024
Micron granted US$6.1 billion in US subsidies
The US Department of Commerce and Micron Technology have signed a non-binding Preliminary Memorandum of Terms (PMT) to provide up to US$6.14 billion in direct funding under the CHIPS...
Wednesday 24 April 2024
Micron to step up AI memory fabs construction in US after securing gov't grants
American memory chip giant Micron Technology, which has not built a new fab in the US for 20 years, is expected to step up its construction of new manufacturing facilities in New...
Monday 22 April 2024
Japan's GenAI boost: US$480 million subsidy fuels domestic cloud computing services
Japan's Ministry of International Trade and Industry (MITI) unveils a JPY 72.5 billion (US$480 million) subsidy to back Generative AI (GenAI) development by five local firms, including...