CONNECT WITH US
NEWS TAGGED SUBSIDIES
Thursday 20 July 2023
UK reportedly offered colossal subsidy to woo Tata's GBP4 billion EV battery plant
As governments around the world are trying to outbid one another to woo EV and battery manufacturing to their home turf, Tata's decision to set up a GBP4 billion EV battery gigafactory...
Thursday 13 July 2023
TSMC fab expansion in Taiwan critical for preserving supply chain advantage
The continuous expansion of TSMC's fab in Taiwan, home to the world's largest pure-play foundry, is essential for preserving the country's supply chain advantages, according to industry...
Tuesday 11 July 2023
Japan's METI considering to subsidize Sumco's new silicon wafer plant -- Report
In an effort to revitalize its domestic semiconductor supply chain, the Japanese government has subsidized a number of semiconductor-related manufacturers to produce in Japan. A news...
Wednesday 28 June 2023
China auto market recovery remains insignificant
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Monday 26 June 2023
European Chips Act yet to entice Samsung
Upon implementation of the European Chips Act, TSMC and Intel are enticed to make substantial investments in Europe, whereas Samsung Electronics maintains a wait-and-see attitude...
Monday 19 June 2023
Germany, Intel agree chip plant subsidies worth €10 billion
Germany and Intel Corp. sealed an agreement for the US company to receive subsidies worth €10 billion ($10.9 billion) for a semiconductor manufacturing facility in the eastern...
Friday 16 June 2023
Handelsblatt: Intel close to deal for receiving extra subsidies from Germany
German media outlet Handelsblatt reported on June 15, citing government sources, that Intel and the German government are close to an agreement for the American chipmaker...
Monday 12 June 2023
Germany refuses to offer additional subsidy for Intel's wafer fab
A German official said the country might not provide additional subsidies for Intel to expand its chipmaking capacity in Europe as opinions among the eurozone's largest economy are...
Tuesday 30 May 2023
Nvidia wins US$223 million subsidy from Taiwan to set up AI R&D center
Nvidia has become the second American multinational semiconductor company to receive subsidies from the "Pilot Enterprise R&D Deep Dive Program" launched by the Department of...
Tuesday 16 May 2023
France plans EV subsidy reform to support Europe-made cars
French President Emmanuel Macron announced last week that the country will revise its EV subsidy program, aiming to facilitate battery and vehicle production in Europe. According...
Friday 12 May 2023
Novatech expects revenue growth in 2023
Nova Technology (Novatech), which specializes in chemical and gas equipment used in the semiconductor and display industries, expects to generate another annual revenue growth in...
Friday 12 May 2023
Taiwan-based US defense supplier to apply for Chips Act subsidies
Taiwan-based IntelliEPI, a supplier of epi-wafers for US military defense projects, intends to apply for US Chips Act funding for its new factory site in the United States.
Thursday 4 May 2023
Shanghai on track to incentivize investments in semicondutor, AI sectors
The Shanghai Municipal Government has just announced a set of policy measures to strengthen the development of modernized industrial systems, offering subsidies to encourage more...
Tuesday 25 April 2023
Tougher conditions for US CHIPS Act may discourage Taiwan, Korea chipmakers from investing
The details of the US CHIPS and Science Act (also known as the CHIPS Act) subsidies, which aims to rebuild the country's local semiconductor supply chain, have been released, but...
Friday 21 April 2023
TSMC cuts revenue outlook for 2023
TSMC has revised its revenue outlook for this year to a low- to mid-single-digit percentage decrease from the previously projected small gain.