Soulbrain Receives $11.6M Grant for US Headquarters and Plant in Texas
Soulbrain has secured an $11.6 million grant from the Texas Semiconductor Innovation Fund to establish its U.S. headquarters and a manufacturing facility in Taylor, Texas. This initiative is expected to generate 20 skilled jobs and contribute $120 million in capital investment, bolstering the local semiconductor ecosystem.
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Soulbrain, a South Korean semiconductor materials manufacturer, was awarded an $11.6 million grant from the Texas Semiconductor Innovation Fund in June. The funding supports the establishment of its U.S. headquarters and a manufacturing facility in Taylor, Texas, which is near a future Samsung plant.
The project is projected to create 20 high-skilled jobs and involves a capital investment of $120 million. The Texas Semiconductor Innovation Fund aims to stimulate semiconductor research and manufacturing in the state. This investment may enhance the region's competitiveness in the semiconductor sector and attract further investments.
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