Samsung Electronics plans to increase its total semiconductor investments in Texas to around 44 billion US dollars to expand an advanced semiconductor hub in Taylor, Texas. This move marks a significant advance in the efforts of the USA to produce more world-leading chips. Samsung, one of the world's leading manufacturers of advanced logic semiconductors, is part of the Biden administration's initiative to strengthen the USA's chip manufacturing capabilities while also undermining Beijing's technological advances.
To support expansion in Texas, Samsung is expected to receive billions of dollars in subsidies from the US Chips Act. The planned investment includes a new chip manufacturing plant as well as a facility for advanced packaging, and research and development. Samsung plans to announce the expansion of its investments in Taylor on April 15. The additional investments are in addition to the previously committed $17 billion that Samsung had earmarked for a state-of-the-art chip manufacturing facility in Taylor.
Samsung's Investment in Texas Contributes to the Realization of President Biden's Key Domestic Policy Goals, Particularly Regarding the Strengthening of Domestic Semiconductor Production. The USA Aims to Regain Their Dominance in Semiconductor Manufacturing and Has Provided Ten Billion Dollars in Subsidies to Boost Local Production, Which Is Increasingly Viewed as a National Security Threat.
Samsung's Substantial Investments in Texas Align with Those of its Main Competitors
TSMC is constructing two chip manufacturing plants in Arizona with a planned investment of 40 billion US dollars, while Intel's total investments in US projects will exceed 100 billion US dollars over the next five years. Samsung began its semiconductor operations in Austin in 1996 and now plans to manufacture state-of-the-art logic chips for customers at the new facilities in Taylor.
Samsung's Involvement in Texas and the Planned Advanced Chip Packaging Facility to Conduct Packagings for HBM as well as 2.5D and 3D Packaging Technologies Highlight the Importance of Investing in Advanced Technologies and Strengthening Semiconductor Production Capacities in the USA.
