US equity-for-subsidy plan for Samsung faces feasibility doubts

Doubts are rising over the feasibility of the Donald Trump administration’s reported plan to apply its equity-for-subsidy model to not only Intel but also Samsung Electronics and other chipmakers receiving U.S. CHIPS and Science Act subsidies. Experts and industry officials said Thursday the move seems “preposterous,” noting that the U.S. had already awarded Samsung up to $4.75 billion in direct funding under the act last December. However, they warned that such an unprecedented attempt should be seen as Washington’s bid to bring foreign chipmakers under its influence to regain its leadership in chip manufacturing. According to recent reports by U.S. news outlets, the Trump administration is seeking an equity-for-subsidy swap model to salvage Intel and wants to expand the model to other chipmakers eligible for incentives under the CHIPS Act. U.S. Commerce Secretary Howard Lutnick said in an interview on Tuesday (local time) that the U.S. government will deliver the incentive committed to Intel under the previous Joe Biden administration, but “we’ll get equity in return for iWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times