Samsung to build $17 billion semiconductor manufacturing facility in Texas

Samsung today announced that it will build a new semiconductor manufacturing facility in Taylor, Texas with $17 billion investment, including buildings, property improvements, machinery and equipment, Samsung’s largest-ever investment in the U.S. This will help boost production of advanced logic semiconductor solutions that power next-generation innovations and technologies, said the company.

The new facility will manufacture products based on advanced process technologies for application in areas such as mobile, 5G, high-performance computing (HPC) and artificial intelligence (AI).

Samsung said that it remains committed to supporting customers globally by making advanced semiconductor fabrication more accessible and meeting surging demand for leading-edge products.

It plans to start building it in the first half of 2022 with the target of having the facility operational in the second half of 2024. The Taylor site will span more than 5 million square meters and is expected to serve as a key location for Samsung’s global semiconductor manufacturing capacity, along with its latest new production line in Pyeongtaek, South Korea.

The company said that it decided to build the facility in Taylor based on multiple factors, including the local semiconductor ecosystem, infrastructure stability, local government support and community development opportunities.

This is expected to create over 2,000 high-tech jobs directly and thousands of related jobs once the new facility is in full operation. As part of its co-investment in the community, Samsung will also contribute financial support to create a Samsung Skills Center for the Taylor Independent School District (ISD) to help students develop skills for future careers, as well as providing internships and recruiting opportunities.

Earlier this year, Samsung’s rival TSMC started construction at its Arizona chip factory site, and already confirmed plans to spend $12 billion to build it, where it expects to start chips based on 5nm process technology starting in 2024.

Commenting on upcoming facility, Kinam Kim, Vice Chairman and CEO, Samsung Electronics Device Solutions Division, said:

As we add a new facility in Taylor, Samsung is laying the groundwork for another important chapter in our future. With greater manufacturing capacity, we will be able to better serve the needs of our customers and contribute to the stability of the global semiconductor supply chain.

We are also proud to be bringing more jobs and supporting the training and talent development for local communities, as Samsung celebrates 25 years of semiconductor manufacturing in the U.S.

In addition to our partners in Texas, we are grateful to the Biden Administration for creating an environment that supports companies like Samsung as we work to expand leading-edge semiconductor manufacturing in the U.S. We also thank the administration and Congress for their bipartisan support to swiftly enact federal incentives for domestic chip production and innovation.

Author: Srivatsan Sridhar

Srivatsan Sridhar is a Mobile Technology Enthusiast who is passionate about Mobile phones and Mobile apps. He uses the phones he reviews as his main phone. You can follow him on Twitter and Instagram