Global Trade Alert
Global Trade Alert

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

Announcement

20 Dec 2024

In December 2024, the U.S. Department of Commerce awarded Samsung Austin Semiconductor LLC funding to support the development of an advanced semiconductor manufacturing ecosystem in Texas.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Dec 2024

Revocation date:

No revocation date

Updated: 20 Dec 2024
Financial grant In force

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 ...

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