Samsung is considering $ 10 billion to build a plant in the United States

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Samsung Electronics is considering spending more than $ 10 billion to build the most advanced logic chip factory in the United States. The company hopes this massive investment will attract more US customers and help it catch up with industry leader TSMC.

Samsung Display is credited with investing $ 11 billion in LCD production

Informants familiar with the matter said the world’s largest manufacturer of memory chips and smartphones is looking into building a plant in Austin, Texas. It is planned to master 3 nm norms at this enterprise.

Sources clarify that this is a preliminary plan that may change in the future. For now, construction is planned to begin this year, to install major equipment next year, and to begin production in 2023.

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