Samsung could join semiconductor industry partnership, led by US

On May 01, the KIET – Korean Institute for Industrial Economics and Trade announced that the global semiconductor supply chain is likely to reshape in 2025, and then for South Korea to maintain its insufficient detachment between the United States and China.

Are per the report, the South Korean could join the semiconductor industry partnership led by the United States. And the Korean management planning to invest more in the non-memory chip sector while further strengthening the manufacturing side.

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The US chipmaker TSMC plans to build five additional foundries in Arizona by 2024. Its plant construction in Kumamoto began on March 21 for completion in 2024. Samsung plans to open a new foundry in Texas in 2024 after the groundbreaking is scheduled for this quarter.

In other regions, such as ASEAN, demand will increase even when exports to China are not smooth and the supply chain’s dependence on China continues to decline. In addition, intel is accelerating its plant construction projects in Arizona, Ohio, and Germany.

US President Joe Biden, who is scheduled to visit South Korea from May 20 to 22, is the first time when US president to visit the Samsung plant in South Korea. The report also suggests that this implies that the US-led semiconductor supply chain will accelerate with the aim of ousting China.