US grants combined $958 million subsidy to chip maker SK hynix
The US Commerce Department said on Thursday it has decided to grant up to US$458 million in direct funding to SK hynix’s project to build a new plant in the state of Indiana.
The US Commerce Department said on Thursday it has decided to grant up to US$458 million in direct funding to SK hynix’s project to build a new plant in the state of Indiana.
Earlier this month, Secretary of State Mike Pompeo called China's treatment of Uighurs "the stain of the century."
The Chinese move to create its own "entity list" appears to be a way to pressure foreign companies to maintain commercial relations with Huawei.
