#Absolics was honored to host officials, business partners and community leaders at a recent event marking proposed funding under the #CHIPS and Science Act for our site in Covington, #Georgia. The U.S. Department of Commerce and Absolics announced last month the signing of a non-binding preliminary memorandum of terms to provide up to $75 million in direct funding for the facility, which was recognized for the role it could play in building a stronger U.S. #semiconductor_supply_chain. Absolics, an #SKC subsidiary, plans to manufacture at the site a breakthrough #glass_substrate – a thin piece of material on which processors, memory and logic chips can be embedded. The new material could enable more chips to be packaged together in less space, creating the brains of next-generation, #high_performance_computers. The increased performance created by the glass substrate could support advanced applications, like #AI, that are pushing the boundaries of today’s technology. Absolics broke ground on the site in late 2022. We look forward to marking additional milestones for the Georgia facility as we complete the facility this year.
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Congratulations
Congratulations Absolics team!
Congratulations!
Director of Business Development | Foreign Direct Investment & Economic Development (수석상무 | 전략사업개발 - 해외직접투자, 경제개발)
2moCongratulations!