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Singapore warns U.S., EU chip subsidies will ‘drive up costs’

Por: Politico Tech June 15, 2023

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Singapore is worried that the massive subsidies Washington and Brussels are about to spend on new microchip projects will upset a “finely balanced” global market. “When we start doing these things, then I would say it functions almost like a tax,” David Koh, chief executive of Singapore’s Cyber Security Agency, said during a panel at POLITICO’s in London on Thursday. Koh warned that planned chip subsidies from the United States and... + full article



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