South Korean tech large Samsung is planning to take a position a big sum of $10 billion in an effort to construct a chipset manufacturing plant in the US. A brand new report has recommended the corporate could set up a plant to construct 3nm chipsets in Austin, Texas in USA.
A report by The Verge means that this may be Samsung’s third worldwide plant to make use of excessive ultraviolet lithography know-how in its chip manufacturing. The report means that building of the plant could start as early as this 12 months and the operations could start from 2023.
Samsung, which additionally builds its Exynos chipsets for its personal smartphones, will likely be competing with different main gamers in the US. The brand new plant will assist the corporate present a powerful foothold in getting new contracts from US prospects amidst the continued commerce tensions between the US and China.
With the assistance of the brand new plant in Texas, Samsung would additionally be capable of compete with TSMC, which manufactures chips for Apple. TSMC can be liable for the 5nm chipset which are geared up within the present technology of iPhone 12 units in addition to the brand new Macs.
The report means that Samsung plans to take a position $116 billion over the subsequent decade into non-memory chips, which will likely be produced in Austin.
The South Korean firm’s plans for the plant are nonetheless of their preliminary phases. Nevertheless, some preliminary steps have already been taken. TSMC, however, plans to take a position $28 billion this 12 months alone.
With Inputs from ANI