Tag

Research And Development

All articles tagged with #research and development

technology1 year ago

"SK Hynix to Invest $4 Billion in Indiana Semiconductor Plant and Research Center"

South Korean chipmaker SK Hynix plans to invest over $3.87 billion in Indiana to build a semiconductor packaging plant and research center, creating around 800 high-wage jobs by 2030. The plant, to be located at Purdue Research Park, will focus on producing high-bandwidth memory chips to meet U.S. semiconductor demand and advance chip development. The investment is expected to boost Indiana's role in the tech sector and contribute to U.S. innovation and national security, with the company receiving significant incentives from the state and local authorities.

technology1 year ago

"US Government Commits Billions to Boost Semiconductor Research and Development"

The Biden administration has announced a $5 billion commitment for research and development of computer chips, aiming to advance President Biden's goals of driving innovation in the United States. This initiative includes a partnership with Historically Black Colleges and Universities (HBCUs) to diversify the semiconductor industry and address national security risks, supply chain shortages, and workforce challenges. The HBCU CHIPS Network event brought together HBCU leaders and federal officials to discuss the Chips and Science Act, which provides funds to support domestic semiconductor production. The initiative aims to boost collaboration and research capacity at HBCUs, recognizing their role in promoting diversity and talent in the technology sector.

technology1 year ago

"White House Commits $5 Billion to Boost US Chip Research and Development"

The Biden administration has announced a $5 billion investment in the National Semiconductor Technology Center to support research and development in advanced computer chips, aiming to reduce the overdependence on Taiwan and meet the increasing demand for innovative chips due to the rise of artificial intelligence. The center will fund chip design, prototyping, and worker training, while also supporting the $39 billion government funding for new chip plants, with a focus on creating a skilled workforce to meet the industry's growing needs.

technology1 year ago

"White House Commits $5 Billion to Boost US Semiconductor Research and Development"

The Biden administration is set to announce a $5 billion investment in the National Semiconductor Technology Center, a public-private consortium focused on advancing research and development in computer chips. This initiative, funded through the CHIPS and Science Act, aims to revitalize the U.S. computer chip sector by supporting R&D, design, prototyping, and workforce training. The investment is part of a broader effort to bolster the industry, with an additional $39 billion allocated for new and expanded chip plants, as industry leaders and stakeholders prepare to gather at the White House for the announcement.

technology1 year ago

"White House Commits $5 Billion for Semiconductor Research and Development"

The Biden-Harris Administration plans to invest over $5 billion in semiconductor-related research, development, and workforce needs, including the National Semiconductor Technology Center (NSTC), as part of the CHIPS and Science Act and the Investing in America agenda. These investments aim to advance U.S. leadership in semiconductor R&D, reduce time and cost of commercializing new technologies, bolster national security, and support workers in securing semiconductor jobs. The NSTC will serve as a public-private consortium to accelerate innovation, lower barriers to participation in semiconductor R&D, and address the need for a skilled and diverse semiconductor workforce. Additionally, the Administration plans to invest in workforce efforts and other key R&D needs, such as semiconductor manufacturing and advanced packaging.

energy-and-transportation2 years ago

"Federal Funding Supercharges U.S. Electric Vehicle Infrastructure"

The U.S. Department of Energy has allocated over $131 million for projects aimed at advancing electric vehicle (EV) battery technology and charging systems, as well as establishing a sustainable domestic battery supply chain. The funding will support research and development efforts to lower EV technology costs, increase driving range, and promote a clean energy future, aligning with President Biden’s Investing in America agenda. The selected projects will focus on developing innovative and equitable clean mobility options, alleviating supply chain concerns for EV batteries, and increasing EV drive range, while the Advanced Battery R&D Consortium will prioritize pre-competitive, vehicle-related advanced battery R&D to address critical priorities for widescale EV commercialization.

business2 years ago

"Nissan's Global Expansion: China-developed EVs Set to Conquer International Markets"

Nissan Motor has announced plans to sell China-developed electric vehicles (EVs) globally, as it partners with Tsinghua University to accelerate research and development on electrification. The Japanese automaker is considering exporting its lineup of internal combustion engine vehicles, as well as upcoming pure electric and plug-in hybrid cars manufactured and developed in China, to overseas markets. This move follows the footsteps of other foreign brands like Tesla, BMW, and Ford, who are expanding their exports of China-made cars to take advantage of lower manufacturing costs. Nissan aims to gain a deeper understanding of the Chinese market and develop strategies that better meet the needs of customers in China through its collaboration with Tsinghua University.

business2 years ago

"Nissan's China-made EVs set to conquer global markets"

Nissan Motor plans to export China-developed electric vehicles (EVs) to global markets as part of a deal with Tsinghua University to accelerate research and development on electrification. The Japanese automaker aims to export its existing internal combustion engine vehicles, as well as upcoming pure electric and plug-in hybrid cars manufactured and developed in China, to overseas markets. This move follows the footsteps of other foreign brands like Tesla, BMW, and Ford, who are expanding their exports of China-made cars to take advantage of lower manufacturing costs. Nissan hopes that the collaboration with Tsinghua University will help them gain a deeper understanding of the Chinese market and develop strategies that meet the needs of customers in China.

technology2 years ago

$10 Billion Partnership to Transform Albany NanoTech Complex into Nation's Leading R&D Hub

Governor Kathy Hochul has announced a $10 billion partnership with semiconductor industry leaders, including IBM, Micron, Applied Materials, Tokyo Electron, and others, to establish a next-generation semiconductor research and development center at NY CREATES' Albany NanoTech Complex. The partnership will fund the construction of a cutting-edge High NA Extreme Ultraviolet Lithography Center, positioning New York State as a destination for advanced semiconductor research. The project will create thousands of direct, indirect, and union construction jobs, support workforce development and sustainability, and enhance New York's position as a global hub for semiconductor manufacturing and innovation.

technology2 years ago

New York's $10B Investment Aims to Lead Global Chip Race

New York State is investing $10 billion to establish a cutting-edge semiconductor research facility at the University at Albany, in collaboration with chip companies such as IBM, Micron Technology, Applied Materials, and Tokyo Electron. The facility will be equipped with advanced chip-making equipment from ASML Holding NV. This initiative aims to make New York a significant research hub in the global chip race and reduce reliance on foreign technologies. The project is part of a larger strategy to bolster domestic chip production and create 700 jobs, attracting at least $9 billion in private investment.