Samsung wants to build more semiconductor manufacturing plants in the US

Samsung is preparing to build more chip factories in the United States. At the same time, the company believes that

government subsidies make up for the difference in costs compared to building sites in Asia.

What is known

This information was shared by the corporateJon Taylor, vice president of production management. Samsung's plans to build a new plant in Texas are linked to the desire to meet the demand for semiconductors in the US.

The first Samsung plant in the United States appeared in1996. The second enterprise had to wait 11 years. Both sites are located in Austin. Next year, the company intends to launch the most modern contract manufacturing of semiconductor products, but will not stop there.

The new enterprise will cost $17 billion. More than half of this amount ($11 billion) the South Korean company intends to invest in the purchase of equipment.

By the end of the decade, Samsung wants to leadsemiconductor market. Now the leader is the Taiwanese company TSMC. At the same time, Intel by this time also declared a plan to enter the top two of the leading players.