Announcement
05 Dec 2024
In December 2024, the Department of Commerce awarded Absolics, a subsidiary of the Korea-based SKC, up to USD 75 million in direct funding to support the construction of a new facility in Covington, Georgia, for the development of advanced semiconductor packaging substrates.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Dec 2024
Revocation date:
No revocation date
Announced: 05 Dec 2024
Financial grant
In force
On 5 December 2024, the Department of Commerce announced the award of up to USD 75 million in grants to Absolics, a subsidiary of the Korea-based SKC. This funding supports the construction of a 120'0...
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Related State Acts
Announced: 23 Jun 2023
United States of America: Department of Commerce announces a funding opportunity for the production of semiconductor materials and manufacturing equipment with capital investment of USD 300 million or above
Announced: 28 Feb 2023
United States of America: Government announces CHIPS for America funding opportunity
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