The United States passed the bill to attract foreign investment to the United States to build a chip factory, Korean enterprise: investment can, do not choose the side station

Author:Pole news Time:2022.07.29

Jimu News reporter Zhang Yang

According to the US media report on July 27, SK Group, South Korea ’s second largest company, announced on the 26th that it will invest US $ 22 billion in US, including chip production. In response to it, on July 27, local time in the United States, a bill aimed at encouraging more semiconductor companies to establish chip factories in the United States was passed in the Senate. The plan will provide federal allocation and tax reduction for companies that build chip facilities in the United States, and significantly increase their expenditures for high -tech research projects. Legislators say that these projects will help the United States maintain a leading level in the next decades of competition.

Korean companies will huge capital to build chip factories in the United States

According to CNN reports, on July 26, the leader of the SK Group met with the US President Biden, and then announced the investment plan. According to the US media, the new investment plan is expected to create more than 15,000 New job.

Video conferences of Biden and SK Group (picture source: CNN)

The White House also said that the new agreement will create tens of thousands of domestic employment opportunities, which will help relieve the chaos chaos caused by the impact of the new crown epidemic.

Although it did not disclose the exact timetable of the investment plan, Biden said that the headquarters of the corporate giants in Seoul planned to increase the number of employees in the United States from 4,000 to 20,000 by 2025.

Cui Taiyuan, Chairman of SK Group (Picture Source: CNN)

Cui Taiyuan, chairman of SK Group, publicly stated in the online meeting held by the White House that it would use funds to increase the production and development of semiconductor, electric vehicle batteries and drugs. Among them, US $ 14 billion will be used to joint ventures with Ford, establishing two new super factories in Tennessee and Kentucky.

Since Biden was infected with a new crown last week, he could only participate in an online meeting in the White House's residence. Biden told the SK delegation: "I feel very bad -I am very close to you, but I can't shake hands with you."

Korean chip manufacturing company is not optimistic about investment prospects

Biden touted this new investment statement as "evidence of the return of the United States, South Korea, and its allies, which won the 21st century technology competition."

He was excited on social media accounts. Although in isolation, he still sent a photo of himself on the balcony and wrote: "We invited the SK Group to the White House today to participate in the meeting. They will invest billions of dollars to produce chips in the United States. Help our supply chain and create new employment opportunities. Although it is a video conference, I can't miss the opportunity to ask them good -even in the distance. "

Bayonfa pushes Koreans (Picture Source: Twitter)

Although Biden was full of expectations and praise for the new investment, the next day when the new investment plan was made public, SK Hynix warned on Wednesday that the sales of some electronic products in the next few months are expected to be sold in the next few months. decline.

It is reported that SK Hynix is ​​the world's second largest flash memory chip manufacturer and a supplier of Apple brands.

At present, the company's sales performance in the second quarter is strong, and its income has reached a record high. However, in a statement in its financial report, SK Hynix said that because the shipments of personal components and smartphones using chip components may be "below the initial expectations", it is expected that the demand for chips in the second half of this year will slow down. Essence

The United States passed the bill to promote American chip production

It seems to in response to the SK Group's investment statement. On July 27, local time in the United States, a bill aimed at encouraging more semiconductor companies to establish a chip factory in the United States was passed in the Senate.

This $ 280 billion measure includes providing federal funding and tax reduction for companies that build chip facilities in the United States. At the same time, the new bill also indicates that Congress should significantly increase the expenditure for high -tech research projects. Legislators say that these projects will help the United States maintain a leading level in the next decades of competition.

The new bill is currently waiting for the voting of the House of Representatives after the Senate passed.

Biden pushed the House of Representatives to pass the bill (picture source: Twitter)

Supporters of the bill said other countries are spending billions of dollars to attract chip manufacturers. Therefore, the United States must take the same measures, otherwise it is possible to lose the security supply of semiconductors providing power for automotive, computers, electrical appliances, and some military weapon systems.

Missouri Senator Roger Wick said: "It is regrettable that in a series of important technologies, we are not in the dominant position -China is. The Chinese government is winning (artificial intelligence) competition and winning the future. Wars, winning the future, they are on the road to achieving these goals. However, now there is an opportunity for us to return to the right direction and let the United States return to the position of winning the game. "

However, the opponent of the bill has been criticizing the investment of the bill too much. If the bill is approved, it is expected that it will increase the US fiscal deficit of about 79 billion US dollars in 10 years.

Due to the isolation of the new crown, Biden published the expectations of the new bill through Twitter. He said: "This is a bill proposed by the two parties, which will accelerate the economic development of the United States. The bill will accelerate the US semiconductor manufacturing It will reduce prices, create employment opportunities, and reduce our dependence on imported chips. "

He urged "the House of Representatives should pass the bill as soon as possible and send the bill to my desk."

The beauty group chip alliance competes against China, South Korea has not expressed his statement

As early as March of this year, the United States proposed to form a so -called "chip Quartet Alliance" with South Korea, Taiwan, China, and Japan to strengthen the chip industry cooperation and jointly fight against China. However, it has been more than five months since the United States proposed to form the "chip Quartet Alliance", but South Korea has not yet made a statement. The Yonhap News Agency quoted the US government sources as saying that the United States recently scheduled the last deadline for South Korea and demanded a clear reply by the end of August.

However, on July 25, the Ministry of Foreign Affairs of South Korea stated that he refused to give a reply at the end of August. His spokesman said: "It is difficult for us to agree with the time limit of the reply." At the same time, the Ministry of Foreign Affairs of South Korea also said that it is more appropriate to cooperate by South Korea.

On July 19, Minister Yellen met with South Korean President Yin Xiyue (Picture Source: Associated Press)

Cui Taiyuan, the chairman of the SK Group, who announced the new investment in the United States, also publicly stated that China is a considerable market. "Giving up is not an option and should continue to cooperate in economy as much as possible."

In response to the "Chip Quartet Alliance" proposed by the United States, on July 19, a spokesman for Chinese Ministry of Foreign Affairs Zhao Lijian stated that he hoped that the relevant parties would adhere to the objective and fair position, starting from the principles of long -term interests and fairness and fair market principles, and do more conducive to maintaining the world. The chip industry chain supply chain is stable.

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