DENSO Corporation will acquire a minority stake in Taiwan Semiconductor Manufacturing Co Ltd’s Japan Advanced Semiconductor Manufacturing, Inc for $0.35 billion. The investment will increase DENSO’s stake to over 10 percent. TSMC said that the chip plant it is building in Japan with Sony Semiconductor Solutions Corporation would expand, with an extra $1.6 billion in spending, Reuters reports. Construction of…
Texas City Offers Samsung Extensive Property Tax Breaks to Build $17 Billion Chip Plant
September 6, 2021
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The city of Taylor, Texas, is planning to offer Samsung extensive property tax breaks if the company chooses to establish its new $17 billion chip plant there. Samsung is currently considering Taylor, as well as Austin, Arizona, and New York as as one of the sites for a new chip plant that the firm says could create around…
Intel Seeks $10 Billion in Subsidies for European Chip Plant
BRUSSELS/BERLIN—Intel wants 8 billion euros ($9.7 billion) in public subsidies towards building a semiconductor factory in Europe, its CEO was cited as saying on Friday, as the region seeks to reduce its reliance on imports amid a shortage of supplies. The pitch is the first time Pat Gelsinger has publicly put a figure on how…
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