Next ECMS tranche likely in August, to target rare earths, components (opens original article in a new tab)

Government officials anticipate announcing the next wave of Electronic Component Manufacturing Scheme beneficiaries in August, focusing on domestic production of upstream supply chain components and high-precision equipment, with firms investing in design capabilities prioritized.

• Government officials anticipate announcing the next ECMS beneficiaries in August.
• Focus will be on domestic production of upstream components and high-precision equipment including rare earths.
• Firms with design capability investments will be prioritized.