Preeya Kuray, Material Scientist with AGC Multi Materials, outlines the groundbreaking Protecting Printed Circuit Boards Act, a pivotal piece of legislation introduced to the US Congress in May 2023, which aims to bolster the semiconductor industry by providing a 25% tax credit! With some conditions...
The credit would only apply to the acquisition of American-made PCBs and establish a financial assistance program to support the manufacturing and R&D of PCB facilities. With a generous allocation of $3 billion, this initiative not only underscores the importance of investing in the entire ecosystem but also sets a new precedent for innovation and growth in American technology.
#ProtectingPCBAct #SemiconductorIndustry #USManufacturing #AmericanMadePCBs #InnovationTaxCredit #ResearchAndDevelopment #SemiconductorEcosystem
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