Billions of dollars of funding from the USA to Samsung! Here’s why

Samsung has received requests from the US government to expand its chip production facilities in the US state of Texas. $6.4 billion will receive direct funding. This financing US CHIPS and Science Act will be provided within the scope of Samsung’s Taylor, in texas It will be aimed at expanding its existing facility in Austin with the new chip production center it plans to establish.

Samsung to receive $6.4 billion US funding support for chip manufacturing facilities in Texas

Samsung plans to invest these funds in its facilities in Texas. 44 billion dollars will use it as part of the total investment. The company receives investment expenditures from the Ministry of Treasury. to 25 percent will claim an investment tax credit to cover

These investments will include the development and production of advanced chips, research and development activities, and the establishment of an advanced packaging facility in Texas. With these investments by Samsung, the USA’s share in the world’s production of advanced logic chips will increase by the end of this decade. to 20 percent is expected to arrive.

President and CEO of Samsung Device Solutions Division Kye Hyun Kyungstated that they aim to position the USA as a global semiconductor production destination with this expansion. Additionally, the facilities will be expanded to meet future demands from US customers. artificial intelligence chips He stated that it will be equipped with the latest process technologies for future products such as.

This strategic move demonstrates Samsung’s efforts to strengthen the semiconductor ecosystem in the US and remain competitive in the global market. At the same time, the US semiconductor supply chain security It is expected to make a significant contribution to the development efforts.

So, how do you evaluate the US support for Samsung chip facilities? You can write your opinions in the comments section below.