Media Source: Samsung Electronics plans to build a new chip factory in the US

In January of this year, it was reported that Samsung Electronics was considering following in TSMC’s footsteps by investing $17 billion in the United States to build another chip manufacturing plant. Although foreign media reported that Samsung Electronics is considering building a new chip factory in the United States for some time, Samsung has not yet announced relevant plans.

The South Korean media recently quoted sources as saying that Samsung Electronics’ plans to build a new chip factory in the United States may be announced at the end of this month.

 

The source revealed that Samsung Electronics’ plans to build a new chip factory in the United States may be announced at the end of the month because a high-level South Korean delegation will go to the United States this week to meet with U.S. personnel in Washington on Friday, local time. Samsung Electronics Vice President and Co-CEO Jin Qinan is a member of the delegation, and Jin Qinan is also the head of Samsung Electronics’ chip business. The source expects that he may determine the plan to build the factory after meeting with personnel in the United States.

 

Samsung Electronics is currently the world’s largest memory chip manufacturer and the second largest chip foundry. Its chip foundry customers in the United States include Qualcomm and Nvidia.

 

Judging from previous reports, Samsung Electronics is considering a new chip factory in the United States and will invest 17 billion U.S. dollars. Texas, Arizona and New York are potential locations for building factories.