Taiwan's GlobalWafers says US investments progressing as planned

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HSINCHU, Taiwan :Taiwan's GlobalWafers said on Friday its investments in the United States were proceeding as planned as the company had not been notified of changes to agreed subsidies under the U.S.CHIPS Act.The U.S.

GlobalWafers has secured contracts worth $406 million, she added.

"We don't know what will happen, but if the CHIPS Act is indeed modified and we are affected, we will need to reassess our subsequent investments," Hsu added.

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Article Details

Category: EconomyBusiness

Markets: SingaporeTaiwanUnited States

Topics: Added States Company Received Semiconductor Globalwafers Told Taiwan Trump United Chips

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-14 @ 15:17:22 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 515 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26141208

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Official Website: channelnewsasia.com

Update Frequency: 5 posts per day

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