‘Samsung postpones production at Texas chip factory until 2025’

Samsung is said to have postponed production at its new Texan chip factory until 2025. The factory was initially supposed to be put into operation in the second half of 2024. It is not clear why the South Korean company made this decision.

According to journalists from Bloomberg a Samsung representative announced the news at an event in San Francisco. However, the man would not have shared the South Korean company’s motives.

Bloomberg makes an attempt and believes that there are general problems with licensing chip factories. The news agency also states that financial support from the US government is slow to come. The news agency also refers to the Taiwanese TSMC, which earlier this year had announced that the commissioning of its American chip factories in Arizona should be postponed until 2025. A top executive of TSMC then indicated that there was a shortage of skilled workers with the right qualifications in the United States.

Samsung has plans to build several chip factories in the United States over the next twenty years. A 2022 filing shows that the South Korean company had plans to build eleven new factories in Texas. This would involve a total investment of $192.1 billion. In the summer of 2022, the Chips and Science Act was passed in the US. That law should subsidize and then strengthen the chip sector in the US. The law should free up tens of billions in subsidies and tax breaks for the construction of new chip factories in the country.