At the moment, many industries are suffering from a global semiconductor shortage. The cost of chips is growing, and so are the delivery times. Nevertheless, all the semiconductor products manufactured are sold, and therefore all major chip makers are investing more and more in increasing production volumes and introducing advanced technologies, and Samsung is no exception. The company says it intends to double its chip production by 2026.
Samsung, one of the world’s top three chip makers, announced earlier this year that it plans to spend $ 17 billion to build new manufacturing facilities in the United States by the end of 2023. At the moment, the company has only one facility in the United States – a plant in Austin, which produces 65- and 14-nm products. The location of the new enterprise has not yet been disclosed, nor has it been announced what products will be produced there. In addition, Samsung has four semiconductor factories in South Korea, as well as chip testing and packaging centers.
As part of the Samsung Foundry Forum 2021 event this week, the company announced its intention to nearly double its chip production from 2021 to 2026. Using 2017 as a starting point, Samsung said that through the launch of the S3 and S4 factories, as well as the first phase of the S5, it has so far managed to increase the scale of chip production by 1.8 times. It is expected that by 2026, when the second phase of the S5 plant is launched, the production of chips will be approximately 3.2 times higher than in 2017.