Taiwan’s GlobalWafers says no final decision on US subsidies yet

TAIPEI: Taiwan’s GlobalWafers Co Ltd has no definite figure for subsidies yet it may seek under a U.S. programme to boost chip production nor a timetable for negotiations, the company’s chairwoman and chief executive Doris Hsu said on Tuesday.

The company said last year it would build a $5 billion plant in Texas to make 300-millimetre silicon wafers used in semiconductors, switching from a defunct plan to invest in Germany.

The United States has been encouraging foreign tech firms to manufacture in the country, and the government has welcomed the investment by GlobalWafers.