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Japan Seeks To Reclaim Tech Edge: "Geopolitical tensions have made Japan a more attractive and stable partner compared to China," said Khos-Erdene Baatarkhuu, CEO of fintech company AND Global.
WASHINGTON (Reuters) -The Biden administration plans to announce it is awarding more than $6 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be unveiled by Commerce Department Secretary Gina Raimondo, will go toward construction of four facilities in Taylor, including one $17 billion chipmaking plant that Samsung announced in 2021, another factory, an advanced packaging facility and a research and development center, one of the sources said. It will also include an investment in another undisclosed location, the source said, adding that Samsung will more than double its U.S. investment to over $44 billion as part of the deal.
Better Made: Celebrating National Potato Chip Day in Detroit Since 1930 wcsx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wcsx.com Daily Mail and Mail on Sunday newspapers.