U.S. C has unveiled its final regulations to prevent semiconductor subsidies from benefiting countries such as China and Russia
In a move aimed at safeguarding national security interests, the U.S. Commerce Department has unveiled its final regulations to prevent semiconductor manufacturing subsidies from benefiting countries considered potential threats, such as China and Russia. These rules mark the last step before the Biden administration can distribute $39 billion in subsidies allocated for semiconductor production, research, and workforce development under the “Chips and Science” law, which provides a total of $52.
Commerce Secretary Gina Raimondo emphasized the need for vigilance, stating, “We have to be absolutely vigilant that not a penny of this helps China to get ahead of us.” Under the regulations, the Commerce Department has the authority to reclaim federal awards if recipients violate the imposed restrictions.
Furthermore, the rules define “material expansions” as any increase in production capacity exceeding 5% and link such expansions to the addition of cleanrooms or other physical space. Beneficiaries are barred from constructing additional cleanrooms or manufacturing lines that would augment a facility’s production capacity by more than 10%.
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