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Global Trade Alert

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United States of America: U.S. Administration awards Samsung Austin Semiconductor LLC USD 4.7 billion in funding to support the development of an advanced semiconductor manufacturing ecosystem

Description

On 20 December 2024, the U.S. Department of Commerce awarded approximately USD 4.7 billion in grants to Samsung Austin Semiconductor LLC, a subsidiary of Samsung Electronics. The funding will support ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 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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