S. Korea, Taiwan’s semiconductor strategies may shift with US election outcome

South Korean media have recently forecasted that the investment strategies of South Korean and Taiwanese semiconductor firms in the United States could shift depending on the outcome of the US presidential election. Should Donald Trump return to the White House, it is expected that Samsung Electronics, and possibly TSMC, might scale back their American investments, with Samsung likely redirecting its focus back to South Korea.

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EU subsidies for fab construction progressing slowly; both TSMC and Intel yet to be approved

In March and April 2024, the implementation unit of the US CHIPS and Science Act and the US Department of Commerce announced that Intel and TSMC received US$8.5 billion and US$6.6 billion in subsidies for fab construction, respectively. The EU has emulated the US’s approach with the European Chips Act, yet to this day, both Intel and TSMC have yet to receive approval for their European fab subsidies.

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