In January this year, it was reported that Samsung was considering investing US$17 billion to build a new chip factory in the United States. On Monday, at local time, South Korean media reported that Samsung was in the United States. The plan to build a new chip factory is expected to be announced at the end of this month.
The latest reports show that Samsung plans to build a new chip factory in the United States, which will start construction in the third quarter of this year and officially begin construction. As the chip manufacturing plant is relatively complex and requires a lot of advanced equipment, it will take some time for Samsung Electronics’s plant to be completed and put into production. Samsung’s goal is to put it into operation in 2024.
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According to sources, the Samsung Electronics factory is expected to be built in Austin, Texas, and Samsung Electronics currently also has a chip factory in operation in Austin. In the report, foreign media also mentioned that Texas previously published documents show that Austin is one of the potential areas for Samsung Electronics to consider building a new chip factory. This factory will invest 17 billion US dollars and is expected to create 1,800 jobs.
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