Samsung announces an investment of $ 44 billion to chips in America next week

Samsung Electronics is preparing to announce the $ 44 billion investment by making in the United States as soon as possible, which is an excellent project within the broader efforts that Washington has made to manufacture semiconductors to America. The largest memory chips in the world intend to post the exposition of the project in Taylor, Texas, with the Minister of Commerce, Jenna Raymondo, according to people who are familiar with the case, who asked not to reveal their identity because of the confidentiality of the issue, and they added that the company bordered the US government with more than 6 billion. spread in a few years. Support under the Chips legislation The award is the latest in a series of billions of dollars to government support provided by the administration of President Joe Biden, which uses the 2022 chips and science law to revive the chips in America after decades of transport to Asia. The broader support program aims to address the technical development in China, which builds its own semiconductor. Also read: The profits of “Samsung” recovery amid improving the work of semiconductors allocated to the 39 billion dollars laws, in addition to $ 75 billion in the form of loans and guarantees, and it has motivated special investments in semiconductors with a value of over $ 200 billion. Intel received grants and loans of approximately $ 20 billion, while Taiwan Simonukind Manovakchoring- the main disc maker in favor of ‘Invidia’ and ‘Apple’- $ 11.6 billion. It was not clear whether Samsung loans would get with the government’s support that amounted to more than $ 6 billion. The agreement on the final conditions of the project will join the “Samsung” project with a strong system of chips in Texas, which includes other billions of dollars in Texas Interometts in his homeland, and the “Samsung” existing factory in Austin. It is not yet clear the date of the Taylor facility in the big production, after announcing its postponement last year. The company’s representatives refused to comment on this. By announcing the investment next week, the period of execution of the scope for a month that extends for a month will begin, during which ‘Samsung’ and the Ministry of Trade will agree on the final terms of the agreement between them. Then the financing will be paid with the project that achieves the most important construction and production phases, and financing can be recovered if the company does not fulfill its promises.

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