Samsung Electronics to build chip factory in the US

According to a report by The Wall Street Journal on November 22, people familiar with the matter revealed that Samsung Electronics will choose to invest about $17 billion to build a chip factory in Tyler, Texas, USA. It is reported that Texas Governor Greg Abbott is expected to announce the news at an event on Tuesday local time.

Why Samsung Electronics chose to build a factory in the United States may have to do with the fact that in September 2021, the US government held a global chip industry summit on the grounds of "chip shortage and solving the problem of chip shortage". At the meeting, US Secretary of Commerce Raymondo pointed out that the United States needs more information about the chip industry chain to better determine the problem causing the chip shortage. Therefore, the United States needs companies from all countries to cooperate and hand over relevant data.

On November 9, Samsung Electronics and SK Hynix handed over the chip-related business data requested by the US government. However, due to many factors, the Korean companies claimed that they did not submit sensitive information such as customer data to the United States.

The submission of relevant business data is not the end of the matter. Building a factory in the United States should also be a decision of the US government. This is confirmed by the news that TSMC has decided to build a second chip factory in Washington State. Of course, the establishment of factories by major chip foundries in the United States is also a signal of the "revitalization" of the US manufacturing industry.