On April 15, the US Department of Commerce awarded $6.4 billion in direct CHIPS Act funding to Samsung Electronics for its operations in Texas. This helps to contribute to the more than $45 billion in total Samsung is injecting across all projects in its new Taylor, Texas chip manufacturing facility and existing facility in Austin.…
April 17, 2024
For a twenty-year period, China had been the top export destination for Korean goods. Not so in December 2023, when Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that the United States had surpassed China to become Korea’s top goods export market on a monthly basis—marking the first time since 2003 that that was…