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TAP TIMES          -19-                              SEPTEMBER 2022


                     Foreign chip makers likely to benefit from CHIPS Act



        Although the largest monetary ben-
        eficiaries from the CHIPS Act will be
        giant domestic semiconductor makers
        such as Intel and Micron, foreign chip
        giants who invest in the U.S. have not
        been excluded

        Samsung, TSMC
        Korea’s Samsung and Taiwan’s TSMC, two
        of the largest and wealthiest semicon-
        ductor companires in the world,  are also                     This is Samsung’s existing Austin, Texas fab site.
        likely to receive money from the CHIPS                  According to Reuter’s unnamed source,
        Act for the construction of fabs in the U.S.            the packaging facility will package hynix’
                                                                memory products, but will also accept
        In addition SK hynix, the second larg-                  logic chips from outside manufacturers.
        est memory semiconductor supplier, after
        Samsung, has confirmed that it plans to                 Bucking the trend
        build a semiconductor packaging and test                The establishment of a large packaging
        facility in the U.S.                                    and test facility in the U.S. would repre-
                                                                sent a dramatic business reversal that has
        The company has released no details and                 sent almost all chip assembly overseas for
        no site has been selected. As reported by               the past several decades.
        Reuters, the plant will employ about 1,000
        workers and go online in 2025-2026.                     In October 2020, Intel sold its Dalian,
                                                                China NAND memory and storage business
                                                                for $9 billion.  That deal concluded recent-
                                                                ly. With the sale, Intel retained its Optane
                                                                business.


                                                                Samsung plans more Texas fabs
                                                                Meanwhile, Korea’s mighty memory maker
                                                                Samsung has filed applications to build 11
                                                                semiconductor fabs near Austin, Texas,
                                                                where it currently operates two fabs.


        Photo shows SK hynix M16 memory fab at the company’s Incheon,   These would be built over the next two
        Korea headquarters location. (SK hynix)
                                                                decades at a total cost somewhere around

        $22 billion U.S. investment                             $200 billion. The company is already build-
        The company recently announced a planned                ing a new fab in Taylor, Texas, 25 miles
        investment of a $22 billion in the U.S. which           north of Austin.
        is to include semiconductors, green energy
        and bioscience projects.                                TSMC, which until now has concentrated
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