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Samsung could start construction of new US plant in 3Q

The South Korean electronics giant could be next up to make a manufacturing push in the US. According to reports, Samsung could start construction of a USD 17 billion US semiconductor fab as early as the third quarter of this year.

The plant, which is expected to be located in Austin, Texas would be ready for operation in 2024 and would utilise an 5-nanometer extreme ultraviolet (EUV) lithography chip-making process, Reuters reports citing South Korean media. Samsung however told Reuters that nothing had yet been decided. However, documents filed with Texas state officials have previously showed that Samsung is eyeing Austin as a potential location for a new USD 17 billion semiconductor fab, which could create 1,800 jobs, the Reuters report continues.
Component obsolescence – how do you avoid the headache? Component obsolescence is something unavoidable. It’s in the nature of our industry to keep innovating and thus leaving the old behind. But component obsolescence should not mean product obsolescence.
Nano Dimension inaugurates European HQ Nano Dimension has inaugurated its new European headquarters in Munich, Germany to further its commercial and R&D efforts.
Murata to set up JV to produce MLCC raw materials Murata Manufacturing plans to set up a joint venture agreement with Ishihara Sangyo Kaisha, Ltd. and Fuji Titanium Industry, a subsidiary of Ishihara Sangyo.
Microchip USA moves to new location As the business has continued to grow and evolve, Microchip USA found itself in need of a bigger and better space in order to continue to facilitate its operations.
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Samsung’s Texas plant could be more pricey than initially thought Samsung Electronics' future chip plant in Taylor, Texas, will cost the company over USD 25 billion, up more than USD 8 billion from initial forecasts, undisclosed sources told Reuters.
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Semtech's president and CEO to retire Semtech Corporation's president and chief executive officer, Mohan Maheswaran, will retire from his role after having served in such capacity for 17 years.
Amtech receives large order for advanced packaging reflow systems Amtech Systems has received a multi-unit order for high-volume reflow systems used in advanced packaging applications.
Mycronic receives order for an SLX mask writer Mycronic has received an order for an SLX mask writer from an existing customer, for delivery to the United States.
Tageos to set up two new ma­jor man­u­fac­tur­ing sites Tageos, a designer and manufacturer of RFID inlays and tags, says that the company has o soon be opening two new manufacturing sites in the USA and China.
Nexperia responds to news that its chips have been found in Russian military equipment News has circulated that Nexperia chips have been found in Russian military equipment. Nexperia says that it has never been involved in projects of military nature and that it has no intention of doing so in the future.
Microchip reaches milestone in its Oregon expansion Microchip Technology says it has reached a milestone in its multi-year, USD 800 million initiative aimed at tripling the production capacity at its Gresham, Oregon manufacturing facility.
Samsung plans to build five new chip plants An investment of KRW 300 trillion won (USD 230 billion) will result in the construction of five new domestic semiconductor plants for Samsung Electronics over the next 20 years.
Mitsubishi Electric looking to boost its SiC power semiconductor business The Japanese company says that it will double a previously announced investment plan to approximately JPY 260 billion (EUR 1.8 billion), mainly for the construction of a new wafer plant to increase production of SiC power semiconductors.
Improved sales sentiment from December 2022 continued in 1Q23 February 2023 electronic components sales sentiment powers past expectations, momentum carries into March outlook.
RS Group appoints Simon Pryce as CEO RS Group plc announces that Simon Pryce will step into the role of CEO and Executive Director of RS with effect from 3 April 2023. David Egan, currently Acting CEO, will work alongside Simon in his role as CFO.
Rebound Electronics has no intention of slowing down 2022 proved to be a successful year for the distributor. The company experienced growth – both in business and presence – in multiple regions. Evertiq reached out to Marcin Malinowski, Eastern Europe Director in Rebound Electronics, to talk about the challenges and of the past year and the opportunities ahead.
Infineon and Continental team up on vehicle architectures Continental will be collaborating with Infineon Technologies AG in the development of server-based vehicle architectures.
onsemi relocates its headquarters – looking to add employees onsemi recently announced the move of its headquarters from Phoenix to Scottsdale, Arizona. The new office is located on the Salt River Pima Maricopa Indian Community (SRPMIC).
Nexperia expands cleanroom space in Germany Caverion has recently handed over an ISO4-certified cleanroom to semiconductor manufacturer Nexperia Germany GmbH for its Hamburg production facility.
Kansas to get new $1.9 billion chip manufacturing facility EMP Shield, a company focused on protecting electronic devices from destructive magnetic pulses, plans to invest USD 1.9 billion in a new computer chip manufacturing facility in Burlington, Kansas.
Merck and Intel fund new academic research program in Europe Merck and Intel Corporation are looking to enable more sustainable semiconductor manufacturing solutions by funding a new academic research program in Europe.
Flip Electronics inks agreement with Analog Devices Flip Electronics has signed an authorised inventory sales agreement with Analog Devices, Inc. (ADI) to offer traceable, factory-certified semiconductor products.
Murata to expand silicon capacitor production in France The Japanese company says that it is expanding its manufacturing of silicon capacitors by adding a new 200-mm mass production line in Caen, France.
onsemi to integrate its SiC technology in BMW's next-gen EVs A new long-term supply agreement will equip BMW Group’s future electric drivetrains with onsemi EliteSiC die, supporting range extension of electric vehicles.
MKS says ransomware incident will chip away $200 million from revenue In February MKS Instruments became the target of a ransomware attack that affected certain business systems, including production-related systems. Following a review of the incident, MKS said that it anticipates the attack to have a noticeable effect on its first quarter results.
German heavyweights team up to unify design schematics German embedded and edge computing heavyweights, congatec and Kontron, are teaming up to reduce NRE costs, accelerate time-to-market, and improve product & supply security.
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March 22 2023 11:18 am V20.13.11-1
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