July 22, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Two subsidiaries of Taiwan-based GlobalWafers Company Limited (Hsinchu) recently signed a non-binding preliminary memorandum of terms with the U.S. Department of Commerce for up to $400 million in direct funding under the CHIPS and Science Act of 2022 to support construction of silicon wafer-manufacturing plants in Texas and Missouri, respectively.
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