With an eye on chip manufacturing, the USA projected the sending of more than US$6 billion to Samsung. Thus, the idea is to expand a US$ 17 billion project in Taylorat the Texasclose to an existing company factory in Austin. The information is from Bloomberg. The money from Chips and Science Law 2022 should be one of several announcements that will take place in the coming weeks.
Federal funding for the Samsungthe leading chipmaker in South Koreait would be a significant additional investment by the company in USA. The technology giant previously said its unit was scheduled to begin mass production this year, but the schedule was pushed back to 2025.
US re-industrialization update: Samsung, LG, SK, all in the process of building semiconductors and battery factories in the US, “suspend US construction projects” amid labor and construction costs “rising at alarming pace”.https://t. co/rtO54zwIQq
– Samsung was in the process of…
— Arnaud Bertrand (@RnaudBertrand) March 14, 2024
USA X TIKTOK!
Last Wednesday (13), the Chamber of Deputies of the USA passed a law that could ban TikTok in the country. Thus, the project orders that the application, controlled by the Chinese company ByteDance, have a new owner. If this does not happen, the social network will be deleted from American territory. It is worth noting that the idea received broad support from Democrats and Republicans.
The bill received approval by 352 votes to 65. But the result does not mean an immediate ban on TikTok. This is because the law still needs to pass Senate and also depends on sanction from the president of the USA, Joe Biden. Last week, he indicated he would sign the decision. Despite being focused on the Chinese app, the proposed legislation affects “applications controlled by foreign adversaries“.
“We hope they see the impact on the economy, the 7 million small businesses, and the 170 million Americans who use our service“, said a spokesperson for TikTok after the result. In a video released after approval, the executive president of the social network, Shou Chewsaid that he has invested in “keep your data safe and the platform free from external manipulation“.
Source: Atrevida
Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.
