Technology
Tech in Vancouver: A Timeline Infographic
Tech in Vancouver: History and Timeline
Recently, we asked ourselves the question: is Vancouver really a global tech hub or is that just the local spin?
In researching this, we came across an amazing wealth of information on the Vancouver tech scene and decided to turn it into a three part infographic series that covers the past, present, and future of tech in Vancouver.
To kick things off, we dug deep into Vancouver’s past to see how the industry emerged. It turns out that the birth of tech in The Rainy City stems from two main companies: MacDonald, Dettwiler and Associates and MPR Teltech. This Cantech Letter article does a great job documenting how they came on the scene and what the people behind these companies accomplished.
Over the last 40 years, Vancouver has had great homegrown stories in green energy (Ballard Power), video games (Distinctive Software), enterprise services (Crystal Decisions), space tech (MDA), social media collaboration (Hootsuite), quantum computing (D-Wave), and many other cutting edge areas. Because of that success, Vancouver was able to eventually attract the big boys to set up shop.
Now that we’ve established a timeline of Vancouver’s tech history, it is time to look at the present picture. That will be Part Two of the series, coming soon.
To keep posted on the next two parts of the series, subscribe to our e-mail publication or connect with us on social media: Twitter, Facebook, LinkedIn, Google+. If you’re feeling particularly generous, you can also tip us with bitcoin: 1HBy6xYNyexLDndowzs1mxMbviuWo9bxRv
Note: All job titles and names used in this graphic are for illustrative purposes and are not meant to correspond to actual people. We wanted to give an idea of what jobs during each era might be like, but without invading anyone’s privacy. Therefore, we used fictional names/titles.
Special thanks to the people who helped us build this infographic: The Visual Capitalist team and also Connie Chen who volunteered time to help us put together facts.
Technology
All of the Grants Given by the U.S. CHIPS Act
Intel, TSMC, and more have received billions in subsidies from the U.S. CHIPS Act in 2024.
All of the Grants Given by the U.S. CHIPS Act
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
This visualization shows which companies are receiving grants from the U.S. CHIPS Act, as of April 25, 2024. The CHIPS Act is a federal statute signed into law by President Joe Biden that authorizes $280 billion in new funding to boost domestic research and manufacturing of semiconductors.
The grant amounts visualized in this graphic are intended to accelerate the production of semiconductor fabrication plants (fabs) across the United States.
Data and Company Highlights
The figures we used to create this graphic were collected from a variety of public news sources. The Semiconductor Industry Association (SIA) also maintains a tracker for CHIPS Act recipients, though at the time of writing it does not have the latest details for Micron.
| Company | Federal Grant Amount | Anticipated Investment From Company |
|---|---|---|
| 🇺🇸 Intel | $8,500,000,000 | $100,000,000,000 |
| 🇹🇼 TSMC | $6,600,000,000 | $65,000,000,000 |
| 🇰🇷 Samsung | $6,400,000,000 | $45,000,000,000 |
| 🇺🇸 Micron | $6,100,000,000 | $50,000,000,000 |
| 🇺🇸 GlobalFoundries | $1,500,000,000 | $12,000,000,000 |
| 🇺🇸 Microchip | $162,000,000 | N/A |
| 🇬🇧 BAE Systems | $35,000,000 | N/A |
BAE Systems was not included in the graphic due to size limitations
Intel’s Massive Plans
Intel is receiving the largest share of the pie, with $8.5 billion in grants (plus an additional $11 billion in government loans). This grant accounts for 22% of the CHIPS Act’s total subsidies for chip production.
From Intel’s side, the company is expected to invest $100 billion to construct new fabs in Arizona and Ohio, while modernizing and/or expanding existing fabs in Oregon and New Mexico. Intel could also claim another $25 billion in credits through the U.S. Treasury Department’s Investment Tax Credit.
TSMC Expands its U.S. Presence
TSMC, the world’s largest semiconductor foundry company, is receiving a hefty $6.6 billion to construct a new chip plant with three fabs in Arizona. The Taiwanese chipmaker is expected to invest $65 billion into the project.
The plant’s first fab will be up and running in the first half of 2025, leveraging 4 nm (nanometer) technology. According to TrendForce, the other fabs will produce chips on more advanced 3 nm and 2 nm processes.
The Latest Grant Goes to Micron
Micron, the only U.S.-based manufacturer of memory chips, is set to receive $6.1 billion in grants to support its plans of investing $50 billion through 2030. This investment will be used to construct new fabs in Idaho and New York.
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