Upon Samsung finalizing site selection for its new factory on U.S. soil, South Korean media have commented that the investment is expected to deal a blow to China’s ambitions in becoming a semiconductor giant as the United States moves to secure its own supply-chains. Samsung announced on Nov. 23 that it will invest $17 billion to build…
Samsung’s New Investment in Texas Accelerates Rebuild of US Supply Chain, Blow for China Expected
Upon Samsung finalizing site selection for its new factory on U.S. soil, South Korean media have commented that the investment is expected to deal a heavy blow to China’s ambitions in becoming a semiconductor giant as the United States moves to secure its own supply-chains. Samsung announced on Nov. 23 that it will invest $17 billion to…
Samsung Vice Chairman Lee Jae-yong Visits US for Chip Plant Project
News Analysis Samsung Electronics Vice Chairman Lee Jae-yong’s recent trip to North America was likely aimed at finalizing site selection for Samsung’s new $17 billion chip foundry plant. Hong Kong financial expert Liao Shiming believes the United States is cooperating with Samsung to restructure its high-tech supply chain. Lee appeared at a business airport in…
Biden on Track to Apply Trump-Era Rule Targeting Chinese Tech Supply Chain Concerns
WASHINGTON—The Biden administration plans to allow a Trump-era rule targeting Chinese technology firms deemed to pose a threat to the United States to go into effect despite objections from U.S. businesses, the U.S. Commerce Department said on Friday. The department issued an interim final rule in the final days of the Trump administration aimed at…
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