The Biden administration has announced its plan to fund the development and production of glass packaging for semiconductors through the CHIPS Act. The $75 million contract was awarded to Absolics, an affiliate of the SK Group and SK hynix.
U.S. Secretary of State Gina Raimondo praised the announcement in her press statement, saying "An important part of the success of President Biden’s CHIPS program is ensuring the United States is a global leader in every part of the semiconductor supply chain, and the advanced semiconductor packaging technologies Absolics is working on will help to achieve that goal, while also creating hundreds of jobs in Georgia."
