Samsung to Build New Manufacturing Facility to Tackle Microchip Shortage

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24 November 2021

Samsung is making its largest-ever investment in US real estate with a new facility that will boost the production of advanced semiconductors.

The $17 billion investment will lead to the building of a new semiconductor manufacturing facility in Taylor, Texas.

Supply chain issues and environmental problems have hindered chip production globally, and it’s hoped that this new facility will help, although it will not be operational until the second half of 2024 at the earliest.

Construction will begin in the first half of 2022, and The Taylor site will span more than 5 million square meters.

 

Sharing Resources with Austin Site

 

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).

After reviewing multiple locations within the US for a potential manufacturing site, the decision to invest in Taylor was based on multiple factors, including the local semiconductor ecosystem, infrastructure stability, local government support and community development opportunities.

In particular, the proximity to Samsung’s current manufacturing site in Austin, about 25 kilometres southwest of Taylor, allows the two locations to share the necessary infrastructure and resources.

This latest expansion of Samsung’s US presence 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.

“As we add a new facility in Taylor, Samsung is laying the groundwork for another important chapter in our future,” said Kinam Kim, Vice Chairman and CEO, Samsung Electronics Device Solutions Division.

“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 US,” Kim said.

“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 US,” continued Kim.

Picture: a photograph of Governor Greg Abbott, Samsung Electronics Vice Chairman and CEO Kinam Kim. Copyright© 2010-2021 SAMSUNG All Rights Reserved.

Article written by Ella Tansley | Published 24 November 2021

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