U.S. Cuts Samsung’s Semiconductor Subsidies by 26% Amid Policy Shifts

WASHINGTON & SEOUL, Dec. 21 (Korea Bizwire) – The Biden administration has reduced subsidies for Samsung Electronics’ semiconductor investments in the United States by 26%, sparking questions about the rationale behind the decision. The U.S. Department of Commerce announced on December 20 that Samsung will receive $4.745 billion (approximately 6.9 trillion won) in subsidies under the [...]