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White House invites Samsung to meeting to tackle semiconductor shortage
The degree of involvement of various companies in solving the semiconductor crisis that has arisen can be assessed at least by the frequency of calls to them by the American authorities. While TSMC has already confirmed its intentions to build an enterprise in Arizona, Samsung has not yet decided on its plans, but representatives of this company are already being attracted to industry meetings.
Image source: Georgia Public Broadcasting
As noted by Business Korea, representatives of the new American administration saw it necessary to publicly announce the invitation of Samsung Electronics to participate in the meeting, which will be held on April 12 this year. Previously, it was reported about the participation in this meeting of the head of Intel. Samsung Electronics will be the only overseas employees to be made public. Logically, TSMC should also take part, but the American side either does not envisage it for a specific event, or simply does not consider it necessary to advertise it.
Samsung Electronics is not only the largest manufacturer of memory chips, the company has recently shown ambitions in the segment of contract manufacturing of semiconductor components. According to unofficial data, she intends to allocate at least $ 17 billion for the construction of a modern enterprise in the United States, and even surpass TSMC’s proposal by mastering the production of 3-nm products on it. So far, three states appear as a likely construction site, but it would be more convenient for Samsung to build a new enterprise in Texas, where it already has core assets.
SK hynix, as a South Korean source explains, has a contract manufacturing facility for microcircuits in China, but its core business brought the company no more than $ 630 million last year. SK hynix will not be able to develop the contract business in the coming years, since it got involved in the purchase of the Chinese enterprise Intel for the production of solid-state memory. It is quite natural that in such conditions Samsung Electronics was invited by the American authorities to participate in the meeting, while other foreign companies are not yet on the list.