KemLab Applauds CHIPS Act's Commitment to Strengthening Semiconductor Supply Chain
September 29, 2023 | KemLab Inc.Estimated reading time: 1 minute
KemLab Inc., a pioneering developer of advanced materials for microelectronics and MEMS applications, welcomes the promising strides made by the CHIPS Act in bolstering the nation's semiconductor manufacturing capabilities. As an active participant in the sector, KemLab commends the Act's dedication to enhancing the supply chain's resilience and sustainability.
The semiconductor industry has a significant role to play in fueling technological innovation and underpinning various critical sectors of the economy. The CHIPS Act, with its commitment to providing much-needed funding and support, aligns seamlessly with KemLab's mission to continuously advance and secure the semiconductor supply chain.
KemLab proudly announces its intention to apply for the Fall 2023 funding under the CHIPS Act. This strategic decision reflects KemLab's commitment to leveraging the Act's provisions to drive innovation, expand production capacity, and contribute to the industry's overall growth.
"We are excited about the opportunities presented by the CHIPS Act and its potential to strengthen our nation's semiconductor supply chain," said Jeremy Golden, General Manager at KemLab. "At KemLab, we have always strived to push the boundaries of semiconductor manufacturing. We see the CHIPS Act as a valuable resource to further our efforts in this regard and to ensure the security and sustainability of the US semiconductor supply chain."
KemLab's proactive stance in applying for CHIPS Act funding serves as a reminder to other semiconductor supply chain suppliers to explore the opportunities provided by this legislation. The Act offers a unique chance for the industry to come together, innovate, and bolster the nation's semiconductor capabilities.
As the semiconductor supply chain continues to evolve and face various challenges, KemLab remains dedicated to being at the forefront of innovation and resilience. The CHIPS Act reinforces KemLab's commitment to these principles and positions the company for a future of growth and technological advancement.
Suggested Items
America Projected to Triple Semiconductor Manufacturing Capacity by 2032, the Largest Rate of Growth in the World
05/08/2024 | SIAThe Semiconductor Industry Association (SIA), in partnership with the Boston Consulting Group (BCG), released a report on the global chip supply chain that projects the United States will triple its domestic semiconductor manufacturing capacity from 2022—when the CHIPS and Science Act (CHIPS) was enacted—to 2032.
Real Time with… IPC APEX EXPO 2024: ASMPT and Technica's Successful Partnership and Future Plans
05/08/2024 | Real Time with...IPC APEX EXPONolan Johnson speaks with Frank Medina and Jeff Timms about the fruitful collaboration between ASMPT and Technica and the upcoming launch of a machine with enhanced capabilities. They also discuss partnerships with semiconductor firms, customer demo plans, and the significance of the demo center. The conversation highlights the potential in North America.
Q1 Global Semiconductor Sales Increase 15.2% YoY
05/07/2024 | SIAThe Semiconductor Industry Association (SIA) announced worldwide sales of semiconductors totaled $137.7 billion during the first quarter of 2024, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023.
Worldwide Silicon Wafer Shipments Dip 5% in Q1 2024
05/07/2024 | SEMIWorldwide silicon wafer shipments decreased 5.4% quarter-over-quarter to 2,834 million square inches in the first quarter of 2024, a 13.2% drop from the 3,265 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry.
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.