-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueThe Butterfly Effect
The basis of chaos theory is a key concept known as the “butterfly effect.” It’s the idea that a small event in one place creates a cascading set of events elsewhere. So, how is the EMS landscape changing? We’re tracking the concerns and dynamics of this landscape, and there’s a lot to learn.
Coming to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
SIA Applauds CHIPS Act Incentives for Absolics Project in Georgia
May 30, 2024 | SIAEstimated reading time: 1 minute
The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Commerce Department and Absolics, an affiliate of the Korea-based SKC. The incentives, which are part of the CHIPS and Science Act, will support the construction of a 120,000 square-foot facility in Georgia and the development of substrates technology for use in semiconductor advanced packaging.
The Absolics announcement marks the first proposed CHIPS investment in a commercial facility supporting the semiconductor supply chain by manufacturing a new advanced material. The Commerce Department previously announced incentives for chipmakers Polar Semiconductor, Micron, Samsung, TSMC, Intel, GlobalFoundries, Microchip Technology, and BAE Systems.
“As the first proposed CHIPS Act incentives that will support the production of a material critical to the semiconductor supply chain, the Absolics announcement marks an important milestone in the implementation of this landmark law. By incentivizing dozens of U.S.-based semiconductor projects—totaling nearly $450 billion in company investments—CHIPS is on track to deliver a huge return on investment and significant benefits to America’s economy, national security, and supply chain resilience. We congratulate Absolics for this important, job-creating investment in Georgia and commend the Commerce Department for continuing to make progress in getting CHIPS funding out the door and directed to important projects throughout the semiconductor ecosystem.”
An SIA-Boston Consulting Group report released this month projects the United States will triple its domestic semiconductor manufacturing capacity from 2022—when CHIPS was enacted—to 2032. The projected 203% growth is the largest projected percent increase in the world over that time. The report also projects America will capture over one-quarter (28%) of total global capital expenditures (capex) from 2024-2032.
Suggested Items
Cadence Partners with GSME to Further Semiconductor Industry Growth in Oman
06/28/2024 | Cadence Design Systems, Inc.The global semiconductor supply chain is undergoing a profound transformation driven by several disruptive factors.
MacDermid Alpha Electronics Solutions Launches MICROFAB SC-40 PLUS
06/28/2024 | MacDermid Alpha Electronics SolutionsMacDermid Alpha Electronics Solutions Launches MICROFAB SC-40 PLUS to meet the latest advancements in semiconductor manufacturing.
Daeduck Electronics Developed Large Body FCBGA Substrate for Data Centers
06/26/2024 | BUSINESS WIREEstablished in 1965, Daeduck Electronics holds the distinction of being Korea's pioneering mass-producer of PCBs (Printed Circuit Boards), thus contributing significantly to the advancement of the nation's electronics sector for over six decades.
Ansys Multiphysics Signoff Solutions Certified for Samsung’s 2nm Power Backside Delivery Technology
06/26/2024 | ANSYSAnsys power integrity solutions have been certified by Samsung Foundry for use with Samsung’s new SF2Z 2nm gate-all-around manufacturing technology.
IDC Reveals Automotive Semiconductor Market Outlook and Discusses Technological Advancements
06/26/2024 | IDCA recent IDC report, Worldwide Automotive Semiconductor Market Forecast, 2024 categorizes automotive chips into distinct segments: analog chips, logic chips, microprocessors, memory chips, discrete devices, optoelectronic devices, and sensors.