Samsung Electronics of South Korea announced that it will invest nearly 2 trillion yen to build a new state-of-the-art semiconductor factory in the United States.
While demand for semiconductors is expected to grow, there is a global shortage, and major companies are building new factories one after another.
According to the announcement, Samsung Electronics will invest 17 billion dollars in Texas, southern United States, about 1.95 trillion yen in Japanese yen to build a factory for contract production of advanced semiconductors.
We are planning to produce products for fields such as 5G and AI = artificial intelligence, and we are aiming to start construction in the first half of next year and start operation in the second half of 2024.
Samsung Electronics already has a semiconductor factory in Texas, which is the second in the United States.
Approximately 2,000 high-tech jobs will be created, and Texas Governor Abbott welcomed "the largest foreign direct investment in Texas" at a joint press conference on Thursday.
Demand for semiconductors is expected to grow in various fields, including electric vehicles and robots, but the global shortage continues, and Samsung Electronics said, "By expanding our production system, we will further meet customer needs. We will contribute to the stabilization of the global semiconductor supply network. "
Earlier this month, TSMC, the world's largest contract manufacturer in Taiwan, announced plans to build a new factory in Kumamoto Prefecture in collaboration with the Sony Group, and there are a series of moves to build new factories among major companies. ..
Welcome to new factory White House
Regarding this, President Sullivan, who is in charge of security at the White House in the United States, and Deeds, the chairman of the National Economic Council, who is in charge of coordinating economic policy, issued a statement jointly, saying, "The construction of a new factory is a supply chain protection and manufacturing base. It will lead to the revitalization of the economy and the creation of domestic jobs. "
He added, "The Biden administration has continued to work with allies, friends and the private sector to expand its manufacturing capacity so that it will never face a semiconductor shortage. It will continue to support the middle class and strengthen its long-term competitiveness. We will invest in the manufacturing and technology fields by all means. "