South Korean chipmaker Samsung Electronics has postponed production of a new U.S. factory until 2025, which could be another blow to Biden's ambition to increase domestic chips in the U.S., Bloomberg said on the 26th.
Bloomberg said on the 26th that Samsung Electronics postponed production at its chip factory in Texas until 2025, and originally planned to start mass production in the second half of 2024. And this postponement could deal another blow to Biden's ambition to increase domestic chips in the United States. South Korea** said that there are many reasons why Samsung Electronics has postponed the mass production of a new factory in the United States, among which the delay in the issuance of subsidies in the United States** is the key reason. In addition, concerns that U.S. companies are prioritizing Samsung Electronics in obtaining subsidies have also raised concerns that TSMC, a rival to Samsung, also announced in July last year that it would postpone production at its new factory in Arizona until 2025.
The report mentioned that TSMC is struggling to secure subsidies and tax credits, and has warned that the project may encounter obstacles in its quest for funding from Washington. Bloomberg stressed that any delay in the operation of the two chipmakers in the United States could be a setback to Biden's plan to increase local chip production capacity.
The two companies' revised plans mean that their new plant worth tens of billions of dollars may not be commissioned until next year in the United States.
Editor: Yin Zi).