Global Trade Alert
Global Trade Alert

United States of America: U.S. Administration awards GlobalWafers USD 406 million in direct funding to support the production of silicon wafers

Announcement

17 Dec 2024

In December 2024, the U.S. Department of Commerce awarded up to USD 406 million to GlobalWafers for the construction of new wafer manufacturing facilities in Texas and Missouri.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Dec 2024

Revocation date:

No revocation date

Updated: 17 Dec 2024
Financial grant In force

On 17 December 2024, the U.S. Department of Commerce announced up to approximately USD 20 million in grants for MEMC LLC (MEMC), a subsidiary of GlobalWafers Co Ltd. The funding will support the co...

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Updated: 17 Dec 2024
Financial grant In force

On 17 December 2024, the U.S. Department of Commerce announced up to approximately USD 380 million in grants for GlobalWafers America LLC (GWA), a subsidiary of GlobalWafers Co Ltd. The funding wil...

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