Samsung Confirms New Chip Factory In US

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Samsung confirmed this Wednesday (24) the construction of a new semiconductor factory in the United States. The facility will be located in Taylor, Texas, less than 50 km from Austin, where the company’s other industrial plant operates.

According to the South Korean company, the new facility will manufacture advanced chips for use in the mobile market, 5G devices, high-performance computing and artificial intelligence. The estimated investment for the construction is US$ 17 billion, equivalent to R$ 95 billion at today’s price.

The works are scheduled to start in the first half of 2022 and the inauguration should take place in the second half of 2024. The unit will have more than 5 million square meters of area and will allow the company to increase its global production capacity of processors, working in together with the new factory in Pyeongtaek (South Korea).

Locations in Arizona and New York were considered by Samsung to open the new facility, but the company chose Texas based on factors such as government incentives, better infrastructure and proximity to its other plant. The expectation is that 2,000 direct jobs and thousands more indirect jobs will be generated in the region.

Lack of chips bothers the industry

The global shortage of chips has become a serious problem for the industry, affecting many segments. The automotive sector is one of them, resulting in stoppages in the manufacture of cars and a drop in sales, which led Ford to produce its own semiconductors, in partnership with GlobalFoundries.

In the US, the lack of components has even affected national security, as many companies depend on processors produced in Taiwan, territory claimed by China. With Samsung’s new factory in the country, experts believe the shortage can be alleviated in the long run.