Samsung Semiconductor Chips at Risk as Texas Factory Delays Hit Production
Friday, 18 October 2024, 13:00
Samsung Semiconductor Challenges in Texas
Samsung Semiconductor Chips are under pressure due to delays in $17 billion Texas factory project. The company is postponing key deliveries of ASML chipmaking equipment necessary for producing advanced semiconductor chips.
Setback Details
- Samsung has yet to secure major customers.
- Other suppliers are affected by the delay.
- Production at the factory is now slated to begin in 2026.
- ASML's EUV technology critical for manufacturing advanced chips.
Industry Implications
This setback highlights Samsung's struggle against rivals like TSMC and SK Hynix, which are ramping up production to meet AI-driven demand. The delays may impact Samsung's ambitions in contract chip manufacturing.
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