As you know from our previous news, Samsung is considering building its state-of-the-art chip manufacturing plant in Austin, Texas. Anecdotal reports initially said the company could invest $10 billion in the project, but according to documents filed by its chip division Samsung Foundry with authorities in Texas, Arizona and New York, the factory should cost much more more – 213 billion dollars (approximately 17 billion crowns).
The potential chip manufacturing facility in the Texas capital is said to create around 1800 jobs and, if all goes according to plan, will begin production in the last quarter of 2023. The factory should specifically produce 3nm chips using Samsung's new MBCFET manufacturing process.
Currently, Samsung only produces the most modern chips in its domestic factories - these are chips built on the 7nm and 5nm process. One of its factories is already standing in Texas, but it produces chips using the now obsolete 14nm and 11nm processes. However, Samsung has enough customers in the US, including tech giants like IBM, Nvidia, Qualcomm and Tesla, that it could build a dedicated factory in the country just for them.
Samsung expects that the new factory will have an economic output of $20 billion (roughly CZK 8,64 billion) in the first 184 years of operation. In documents from the city of Austin and Travis County, the company is also asking for nearly $806 million in tax breaks over the next two decades.
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