* SAYS IT SIGNS AGREEMENT TO INVEST A TOTAL OF 33.3 BILLION YUAN ($5.04 billion) IN LED CHIPS RELATED PROJECTS IN FUJIAN PROVINCE * SAYS IT PLANS TO INVEST 2.0 BILLION YUAN TO SET UP SEMICONDUCTOR ...
WASHINGTON – More than two years ago, President Joe Biden signed a law that aimed to ramp up the nation’s production of semiconductors by offering generous subsidies and tax credits to companies.