Global Trade Alert
Global Trade Alert

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

Announcement

19 Dec 2024

In December 2024, the U.S. Department of Commerce awarded SK hynix America funding to support chips packaging facility.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

19 Dec 2024

Revocation date:

No revocation date

Financial grant In force

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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State loan In force

On 19 December 2024, the U.S. Department of Commerce announced up to USD 500 million in loans for SK hynix America, a subsidiary of Korean manufacturers of semiconductors SK hynix. The funding will su...

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