CHIPS Act's commitment to strengthening semiconductor supply chain
KemLab, a pioneering developer of advanced materials for microelectronics and MEMS applications, welcomes the promising strides made by the CHIPS Act in bolstering the nation's semiconductor manufacturing capabilities.
As an active participant in the sector, KemLab commends the Act's dedication to enhancing the supply chain's resilience and sustainability.
The semiconductor industry has a significant role to play in fuelling technological innovation and underpinning various critical sectors of the economy. The CHIPS Act, with its commitment to providing much-needed funding and support, aligns seamlessly with KemLab's mission to continuously advance and secure the semiconductor supply chain.
KemLab proudly announces its intention to apply for the Fall 2023 funding under the CHIPS Act. This strategic decision reflects KemLab's commitment to leveraging the Act's provisions to drive innovation, expand production capacity, and contribute to the industry's overall growth.
"We are excited about the opportunities presented by the CHIPS Act and its potential to strengthen our nation's semiconductor supply chain," said Jeremy Golden, General Manager at KemLab. "At KemLab, we have always strived to push the boundaries of semiconductor manufacturing. We see the CHIPS Act as a valuable resource to further our efforts in this regard and to ensure the security and sustainability of the US semiconductor supply chain."
KemLab's proactive stance in applying for CHIPS Act funding serves as a reminder to other semiconductor supply chain suppliers to explore the opportunities provided by this legislation. The Act offers a chance for the industry to come together, innovate, and bolster the nation's semiconductor capabilities.
As the semiconductor supply chain continues to evolve and face various challenges, KemLab remains dedicated to being at the forefront of innovation and resilience. The CHIPS Act reinforces KemLab's commitment to these principles and positions the company for a future of growth and technological advancement.