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134 shares, 347 points

South Korean technology giant Samsung has announced a huge investment that will provide a solution to the semiconductor chip crisis, which is plagued by the coronavirus pandemic. Announcing that it will establish a facility of approximately 17 billion dollars in the US state of Texas, Samsung will create a factory where it will manufacture semiconductors on a land of more than 5 million square meters.

The new factory that Samsung will establish in the USA will continue to work not only on processors, but also for semiconductors needed in many sectors from 5G to artificial intelligence. In this way, both the automotive industry and the smartphone industry will be relieved. In the statements made by Samsung , it was stated that it will continue to provide global support to the semiconductor industry.

The huge factory will be in service in a very short time

In the statements made about the factory, it is stated that the groundbreaking processes 2022 will be carried out in the first half, and it will begin to serve in the second half of 2024. Samsung, which will carry out a very feverish work in this process, expressed its gratitude to the US government, saying that the Biden administration will continue to support them. Meanwhile; It is worth noting that the factory is not only important to Samsung. With this factory, the company will have made its biggest investment in the USA.

Samsung’s US factory will not benefit the US simply because it is its largest investment . The company will employ at least 2,000 people at this factory. Having entered the USA for the first time in 1978, Samsung has more than 20 thousand personnel as of today. Here, 10 percent of the employment provided over the years will appear as new job opportunities in just a few years. In addition, students living in Texas will have the opportunity to do an internship at Samsung within the scope of the agreements made. Aware of this situation, the US government will continue to support Samsung’s work.


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