Latest leaks show that Samsung will make another major chip investment in America. Thanks to the huge incentive package recently implemented by the Biden administration, many chip manufacturers are expanding their presence in the country by receiving large grants.
It is said that Samsung will also benefit from this package and receive an incentive of 6 billion dollars in return for making a new investment in the region. However, due to the strategic importance of chip production, the details of the agreement between the parties have not yet been announced. Here are the most important details…
Samsung will expand its chip production network
It is being discussed how Samsung, which has already established a chip production facility costing 17 billion dollars in the state of Texas, will evaluate the new incentive it will receive. Judging by the size of the amount, the company will open another factory in the country instead of expanding this facility further. It is currently a mystery whether this factory will be in the same state or in another region. But Texas stands out with its low tax rates and strong transportation facilities.
Samsung increases its investments in America
The company’s biggest rival in the industry, TSMC, also received $5 billion within the scope of the incentive package of the American Department of Commerce. It is said that the American government made this move to localize chip technology, which has gained strategic importance especially with the development of artificial intelligence.
The country’s administration, which wants to meet the ever-increasing chip need entirely locally, wants to get rid of foreign dependency in this field. In addition, chip production facilities will stimulate the American economy by opening new jobs for thousands of people.
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So what do you think about this issue? Do you think the chip strategy implemented by America is correct? Where can Samsung open its new production facility? You can easily share your answers with us in the comments section below. Your opinions are very valuable to us.