Chipmakers across the globe are pouring billions of dollars into new plants, encouraged by the rising use of semiconductors in everyday devices and generous subsidies from the United States and the EU aimed at keeping the West ahead of China in the race for cutting-edge technology.
The European Commission has earmarked 15 billion euros for public and private semiconductor projects by 2030, while U.S. President Joe Biden's administration passed the CHIPS Act last year to provide more than $52 billion in subsidies to the American semiconductor industry.
India, Taiwan and South Korea have also offered incentives such as tax breaks to boost domestic chip production.
Below are some of the chipmakers' plans for factories in Europe, North America and Asia:
NORTH AMERICA
EUROPE
ASIA
($1 = 0.9232 euros)
($1 = 1,373.0800 won)
($1 = 0.9217 euros)
