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SEMICONDUCTOR SUBSIDY FUNDING
India likely to breach budgeted fiscal deficit target for FY27: BMIIndia's fiscal deficit may exceed its target, reaching 4.5 percent of GDP. This is due to government policies responding to the West Asia c...
India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
UP aims to retain local talent, delegation to visit Taiwan to attract investments: OfficialUttar Pradesh is sending a high-level delegation to Taiwan to explore new investment opportunities. The state aims to retain its local tale...
Govt crackdown on underage scrolling; UPI incentives declineHappy Thursday! The government is debating social media restrictions for children in India. This and more in today’s ETtech Morning Dispatc...
Semicon ecosystem players seek sops to meet chip goalsCompanies related to semiconductors have sought financial incentives, such as capital subsidies and rebates on power and taxes, to help ach...
India plans new ₹1 lakh crore fund to support local chipmakingIndia is set to launch a massive ₹1 trillion fund to boost domestic chipmaking, aiming to become a global manufacturing hub. This initiativ...
German government plans billions of euros in new chip subsidies: reportThe subsidies are expected to be about 2 billion euros ($2.11 billion), Bloomberg reported, citing two people who attended an event about t...
US to award Taiwan's GlobalWafers up to $400 million to boost US semiconductor wafer productionThe planned subsidy would support $4 billion in planned investments by GlobalWafers in both states to construct new wafer manufacturing fac...
Intel clinches nearly $20 billion in awards from Biden to boost US chip outputThe historic outlay shows the Biden administration is betting big on Intel as part of the 2022 CHIPS and Science Act, a bid to boost domest...
US to announce billions in subsidies for advanced chipsThe Biden administration is expected to award billions of dollars in subsidies to top semiconductor companies including Intel, and Taiwan S...
China import concerns spur US to launch semiconductor supply chain reviewThe review aims to identify how US companies are sourcing so-called legacy chips - current-generation and mature-node semiconductors - as t...
Chipmaker GlobalFoundries seeks funding under CHIPS ActThe CHIPS and Science Act provides a total of $52.7 billion in subsidies for US semiconductor production, research and workforce developmen...
US reports big interest in $52 billion semiconductor chips fundingUS President Joe Biden said in a statement that companies have announced $166 billion in semiconductors and electronics manufacturing over ...
Germany earmarks €20 billion for chip industry in coming yearsAs per Germany's economy ministry, the money will come from the Climate and Transformation Fund.
Germany earmarks €20 billion in subsidies for chip industryThe ministry said Taiwanese semiconductor manufacturer TSMC has also expressed interest in investing in a semiconductor production facility...
Lawmakers press U.S. Commerce for tougher checks on semiconductor chip subsidiesThe letter to Commerce Secretary Gina Raimondo notes the largest U.S. semiconductor companies have spent hundreds of billions on stock buyb...
US Commerce aims to seek chips funding proposals by FebruaryThe US Commerce Department said Tuesday it hopes by February to begin seeking applications for $39 billion in government semiconductor chip...