The history of Samsung Electronics manufacturing businesses on American soil dates back to 1996, when the company was registered in the Texas state capital. By 2007, a second facility had emerged here, with a state-of-the-art contract chip manufacturing facility to open in nearby Taylor next year. Samsung representatives clearly state that the issue will not be limited to a single new venture.

John Taylor, corporate vice president of manufacturing organization at Samsung Electronics, said in an interview with CNBC: “We have announced that only one factory has been built so far, but there is room for many nearby”. He also acknowledged that the Chip Act, which provides $39 billion in subsidies to build semiconductor factories in the US, allows Samsung to close the undoubted cost gap between America and Asia. Of the $17 billion planned for the construction of Samsung’s new factory in Texas, approximately $11 billion will go to purchase technological equipment, but construction costs in the United States are also very high compared to Asian countries.

According to a company representative, Samsung undertook to build an additional facility in Texas, seeking to better meet local demand for semiconductor components. Customers will be able to purchase chips in the US without worrying about possible difficulties in obtaining them from other regions. As Samsung executives pointed out, when the company’s production capacity fell far behind demand during the pandemic, they experienced that moment bitterly and felt uncomfortable around customers.

“We will not settle for second place. Samsung will never settle for second place as a business and as a company we are very aggressive about it.” John Taylor commented on the competition with Taiwanese TSMC. As stated several times, Samsung aims to become the world’s largest contract chip maker by the end of the decade. Currently, this status is held by TSMC by a large margin, but Intel expects to enter the top two for comparison, so TSMC has no official place in it. As for the American industry, Samsung wants to be its reliable foundation in the truest sense of the word, as can be understood from the statements of company representatives.