(2nd LD) US CHIPS ACT-guardrails (2nd LD) U.S. finalizes national security 'guardrails' for CHIPS funding(ATTN: UPDATES with more info in paras 8-9; RECASTS 4th para)By Song Sang-ho WASHINGTON, Sept. 22 (Yonhap) -- The U.S. Department of Commerce on Friday announced the final rule to restrict semiconductor subsidy recipients from expanding their manufacturing capacity in China, following Seoul's brisk diplomacy to minimize its potential impact on South Korean businesses. The national security "guardrails" of the CHIPS and Science Act prohibit the material expansion of semiconductor manufacturing capacity for advanced facilities in "foreign countries of concern" for 10 years from the date of award, the department said in a press release.

https://n.news.naver.com/mnews/article/001/0014212765?sid=104

#naver