THOTH Newsroom

TSMC secures $5B in US CHIPS grants U.S. CHIPS grants: $39 billion + $75 billion (loans and loan guarantees) Samsung Electronics, Intel, Micron, and others expected to receive grants Taiwan's TSMC is expected to receive more than $5 billion in subsidies under the U.S. Semiconductor Support Act (CHIPS). Samsung Electronics, Intel (INTC: US), and Micron (MU: US) are also expected to benefit from the subsidies. The CHIPS Act will provide $39 billion in direct payments and $75 billion in loans and loan guarantees, with $28 billion of the $39 billion going to advanced semiconductor production lines. CHIPS grants The problem is that the direct subsidy payments from the U.S. Semiconductor Support Act (CHIPS) are $39 billion, while semiconductor companies have applied for more than $70 billion, making it difficult to fully fund the program. Samsung is reportedly discussing additional investments in the U.S., pledging to invest more. TSMC is investing about $40 billion to build two semicond

Chip War: U.S. Tightens China Semiconductor Regulations Participating countries include South Korea, the United States, Japan, Taiwan, the Netherlands, etc. Semiconductors become national strategic items around the world Chip War literally means semiconductor war. It's a technology race between the United States and China over the semiconductor industry, with countries in the liberal camp, led by the United States, trying to keep China's semiconductor industry in check. These countries include South Korea, the United States, Japan, Taiwan, Germany, and the Netherlands. Chris Miller, the author of 「Chip War」, describes the semiconductor industry in detail in his book and suggests that it will become a national survival strategy. I recommend reading it. 「반도체 주권국가」 is a book written by former Minister Park Young-sun, Dr. Kang Sung-chun, and CEO Cha Jeong-hoon, and is rated as a book comparable to Chip War. I recommend reading it. Semiconductors have now become a central industry f

South Korea's Top 25 Companies by Market cap What are Chaebols? South Korea became an economic powerhouse after the Korean War with rapid industrialization, known as the "Miracle on the Han River". The top 25 largest South Korean companies by market capitalization on February 7, 2024, in U.S. dollars (USD), as provided by CompaniesMarketCap.com, as published on Visualcapitalist.com. Includes domestic stocks listed on the KRX, as well as U.S. stocks listed on U.S. exchanges, such as Coupang. South Korea's Top 25 Companies by Market cap Visualcapitalist; Ranked; South Korea's Companies https://www.visualcapitalist.com/ranked-south-koreas-largest-companies-by-market-capitalization/ Top 25 Companies in South Korea At the top of the list is Samsung Electronics. With a market capitalization of $375 billion, it's larger than the GDP of Qatar. Samsung is known for producing smartphones, white goods, and semiconductors, with its most profitable segment being semiconduc