Bloomberg News reported on the 11th local time that Samsung Electronics is preparing to announce plans for additional large-scale investment in semiconductor production facilities in the United States as early as next week.
If Samsung Electronics, which is building a semiconductor factory by investing $17 billion, or about 23.4 trillion won, in Taylor, Texas, announces additional investment plans, the total investment of Samsung Electronics in the United States will be $44 billion, or about He won 60 trillion. Bloomberg reported that it is expected to increase to 500 billion won.
Citing an unnamed source, the media reported that Samsung Electronics plans to hold an announcement in Taylor, Texas, along with US Commerce Secretary Gina Lermondo.
However, he added that the timing and details of the announcement have not yet been confirmed, so there is room for change.
Previously, the Wall Street Journal reported on the 5th that Samsung Electronics plans to announce additional investment plans in the United States on the 15th.
The US government will reportedly pay $6 billion, or over 8.2 trillion won, in subsidies to Samsung Electronics under the Semiconductor Assistance Act to promote the construction of semiconductor factories in the country.
In addition to subsidies, the Biden administration is also providing low-interest loans.
Bloomberg said it was unclear whether Samsung Electronics would receive a loan in addition to the more than $6 billion in subsidies, and explained, “After the announcement, a month-long due diligence will begin, and during this time, Samsung Electronics and the United States will begin. The Department of Commerce will draw up the final terms of the agreement.”
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