Micron Technology ready to apply for state subsidy to build business in United States
The company is angry against the sector as it owns the land of its competitors.
The company, as reported in The Register, did not remain silent for long, seeing South Korean competitors engaged in expanding their presence in the US. Samsung Electronics is building a second chip manufacturing facility in Texas at a cost of $17 billion, but is also prepared for two-thirds the cost in the future. Parent company SK Hynix previously limited itself to spending approximately $15 million in manufacturing and research centers in the US.
Image source: Micron Technology.
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According to him, only 2% of the world’s memory chips are now manufactured in the US, and Micron is the only one that still does. The company promised to talk more about its plans in this area next week.