Samsung Delays Production At New Chip Factories Until 2025

Samsung has delayed mass production plans at its new Texas semiconductor factories by at least a year, further slowing President Joe Biden's plans to help the United States make its chips. Samsung is delaying its plans for mass production at the new $17 billion semiconductor manufacturing facility in Taylor, Texas, until 2025, according to Seoul Economic Daily. Samsung president Choi Siyoung noted the delay during a speech at an event in San Francisco. "The first [semiconductor] would be produced in the second half of next year at the Taylor factory, with mass production commencing in 2025," Siyoung told attendees. That is a six-month delay compared to Samsung's previously explained plans.

The delay was reported days after TSMC, one of the leading chipmakers from Taiwan, also announced it was postponing the opening of a plant in Arizona. TSMC delayed its factory opening over the summer due to a lack of experienced construction workers and factory technicians. The timing was not fortuitous for Biden, who recently began releasing grants to chipmakers for expanding their factories and empowering U.S. companies to compete with China in manufacturing.

• More at: Washington Examiner - Samsung delays production at new chip factories until 2025
https://www.washingtonexaminer.com/policy/technology/samsung-delays-production-new-chip-factories-2025