Biden ’s big play to attract foreign chip and EV investments could be stumbling as Samsung, TSMC and others reportedly balk at high costs

Washington promised incentives for domestic manufacturing through the CHIPS Act and the Inflation Reduction Act, successfully wooing foreign giants like Taiwan Semiconductor Manufacturing Company, Samsung, and LG to invest in the U.S. But these same companies are now worried about their U.S.…#chipsact #samsung #lg #samsungelectronics #southkorean #koreatimes #fortune #korean #tsmc #arizona

Source: Reuters: Health - March 14, 2024 Category: Consumer Health News Source Type: news