Samsung delays production at new US factory to 2025, Daily says

Samsung previously said the factory would start production in the second half of 2024 when it announced the investment in 2021. — REUTERS

Samsung Electronics Co. has delayed mass production plans at its new chip plant in Taylor, Texas, the Seoul Economic Daily said, potentially dealing another blow to the Biden administration’s ambition to increase domestic semiconductor supplies.

Mass production at the upcoming US$17bil (RM78.7bil) fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung’s foundry business at an industry event in San Francisco.