Reported 6 months ago
The US Commerce Department plans to grant $75 million to Absolics, an affiliate of SKC Co, for constructing a facility in Georgia to supply advanced materials to the semiconductor industry. This funding is part of the U.S. government's $52.7 billion semiconductor chips manufacturing and subsidy fund and will support the development of technology for advanced packaging, creating jobs and boosting the semiconductor supply chain. Absolics' glass substrate technology will enhance the performance of AI and data center chips, and this initiative aligns with the US government's aim to develop high-volume advanced packaging facilities and reduce the concentration of this market in Asia.
Source: YAHOO