Conditions include sharing excess profit with the US government, and three industry sources said the application process itself could expose confidential corporate strategy.
FILE PHOTO: Mobile memory chips made by chipmaker SK Hynix are seen in this picture illustration taken May 10, 2013, Seoul, South Korea. REUTERS/Lee Jae-Won
Conditions include sharing excess profit with the U.S. government, and three industry sources said the application process itself could expose confidential corporate strategy. SK Hynix parent SK Group plans to invest $15 billion in the U.S. chip sector, including to build an advanced chip packaging factory, and has said it is considering applying for funding. Samsung is building a chip plant in Texas that could cost over $25 billion and has said it is reviewing the guidelines.
"All of this is confidential information. The most important thing in chips is cost structure. Experts will be able to tell our strategy at a glance," said one of the sources, who declined to be identified due to the sensitivity of the matter.
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