Samsung to start construction of US chip factory in 2021

Based on a South Korean newspaper and as reported by the Reuters Company, Samsung is planning to construct a chip manufacturing facility later this 12 months in the USA. The forecast is that the manufacturing facility is already working in 2024.

The data launched is that the South Korean large is planning to put money into a complicated course of for the manufacture of 5 nanometer excessive ultraviolet lithography (EUV) chips. The US buyer listing consists of Tesla, Qualcomm and Nvidia.

Based on Reuters, some paperwork have been introduced to Texas state officers testifying that Samsung is contemplating the Austin metropolis as one of many candidates to obtain the manufacturing facility. Samsung, nevertheless, stated that nothing has been determined but.

In March 2021, Reuters reported that there have been 4 websites being evaluated for building: two in Arizona, one in New York and one in Texas.

Playback / Unsplash /Khoa Nguyen

In any case, the paperwork nonetheless show that the corporate is in search of mixed tax reductions from $ 1.48 billion over 20 years of Travis County and the town of Austin – the beforehand introduced determine was 805.5 million.

The deliberate funding for this department will likely be 17 billion {dollars} and, in keeping with the corporate, the actions developed can generate about 1,800 jobs.

Continues after promoting

Along with all this, the present President of the USA, Joe Biden, proposed $ 50 billion to assist chip making. This issue inspired corporations like Intel and TSMC (Taiwan Semiconductor Manufacturing) to contemplate new investments within the nation.

This incentive from the president comes as a part of the conflict between the USA and China, which search to acquire technological independence from one another. Based on the International Building Evaluate web site, China at the moment imports about $ 350 billion in semiconductors, however is seeking to put money into its personal business.

For extra details about Samsung and its merchandise, go to the official web site of the model.

Fonte: Reuters, International Building Evaluate

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