Post Time:Nov 11,2024Classify:Industry NewsView:1059
Corning, known for its durable Gorilla Glass, will receiveup to $32 million in funding through the CHIPS and Science Act,
as announced bythe U.S. Commerce Department. This funding aims to help Corning ramp upproduction of
its specialized glass products, which are vital to the semiconductormanufacturing process.
The announcement arrives just after the European Commissionlaunched an antitrust investigation
into Corning, assessing whether itsexclusive supply deals hinder market competition. Notably,
Corning’s GorillaGlass is widely used by Samsung, Apple, and other major tech brands for
smartphones,tablets, and wearables. However, the CHIPS Act funding will not support GorillaGlass
production; instead, it will be directed toward manufacturing High PurityFused Silica and Extreme
Ultra-Low Expansion Glass. These materials areessential in lithography and photomasks,
both critical for creating microchippatterns on silicon wafers.
Corning plans to use the funding to scale an innovativeproduction process at its Canton,
New York facility. This expansion isprojected to create 130 new manufacturing roles and
over 175 construction jobs. The CHIPS Act, signed by President Joe Biden in 2022,
isintended to enhance U.S. semiconductor production. However, the future of theAct
remains uncertain as the administration changes. Bloomberg notes that theBiden
administration is working to finalize grant allocations, while recently,Speaker Mike
Johnson (R-LA) clarified that Republicans intend to “streamline”rather than “repeal” the legislation.
Source: https://www.thehansindia.com/Author: shangyi
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