Samsung spent $17 billion to build a plant in Texas

Samsung Group’s internal assessment of the long-standing U.S. investment and expansion plans surfaced. According to the documents provided by Samsung to the United States Texas officials, Samsung intends to invest about $ 17 billion in the construction of a new fab in Austin, Texas Park, more than the previous market rumors of $ 10 billion level and TSMC (2330) U.S. project investment of $ 12 billion amount, the fastest plan to start construction in the second quarter of this year, the third quarter of 2023 operations, the market believes that Samsung’s ambition in Intel CPU outsourcing foundry large single The market believes that Samsung’s ambition is to be a major outsourced OEM for Intel CPUs.

Samsung’s new factory will operate a quarter earlier than TSMC’s new factory. TSMC said, do not comment on the competitor’s message.

Industry analysis, from Samsung’s planning, the new plant is 5 nanometers below the advanced process, all using extreme ultraviolet (EUV) equipment production, rumored to plan the maximum monthly output of 70,000 pieces. Samsung has a 12-inch plant in Austin, Texas, with about 3,000 local employees. It plans to expand the new plant to create 1,800 jobs, and the initial average annual salary of the new plant employees is planned to be $66,254.