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Global Trade Alert

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United States of America: U.S. Administration awards SK hynix America approximately USD 950 million in funding to support chips packaging facility

Description

On 19 December 2024, the U.S. Department of Commerce announced up to approximately USD 458 million in grants for SK hynix America, a subsidiary of Korean manufacturers of semiconductors SK hynix. The ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Dec 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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