Samsung, which is among the leading chipset manufacturers, is gearing up to set up its new chip production plant in the United States. For that, the South Korean giant had shortlisted two potential locations.

Now, the company has officially confirmed that it has chosen a site close to the city of Tylor in Texas for its new chip manufacturing plant. For this, Samsung will be making an investment of $17 billion — its biggest-ever in the United States.

The plant is expected to create some 2,000 technology industry jobs, with construction starting early next year. It is expected to be operational by the second half of 2024.

Kinam Kim, chief executive of Samsung electronics device solutions said: “With greater manufacturing capacity, we will be able to better serve the needs of our customers and contribute to the stability of the global semiconductor supply chain.”

It has also been announced from the governor’s office that the company would get a $27 million grant for creating jobs in the state. Samsung is one of the world’s largest manufacturers of chips with more than 20,000 employees across the US.

The new chips made at this new Texas facility will be used in a range of technologies and devices, including mobile phones, 5G, high-performance computing, and artificial intelligence, among others.

Earlier, a proposed resolution posted on the Taylor city’s website showed that for the land Samsung will use, it is set to be offered a grant equivalent to 92.5% of assessed property tax for 10 years, 90% for the following 10 years, and then 85% in the 10 years after that.

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In a move to expand its smartphone presence in the Indian market, Samsung has began the production of OLED panels as of this month at its Noida plant in India through its Display unit.

According to a TechRadar report, the South Korean tech giant is starting the production of OLED panels for its smartphones in the Noida factory. As per a spokesperson from the company’s display unit, “Some of the production lines starts to manufacture” in the plant in India. Furthermore, the brand is also planning on soon start the production of making IT display panels as well at this factory.

Notably, this would mark the first time the company has made any display manufacturing is being done in India. This is also in line with the nation’s plans on becoming a global hub for smartphone and related technologies manufacturing. The Samsung Display’s Noida plant will supply components to its the brand’s smartphone unit, for the Galaxy range of handsets that will be sold within the region. For those unaware, the Indian smartphone market is one of the largest in the world and is also a key region for the company.

Thus, sourcing and assembling its devices within the country would also help lower its costs by avoiding import duties by shipping components from overseas. With this move, the company is set to invest $705.75 million in the project and also hopes to create about 1,300 jobs in the region. Recently, the smartphone maker even saw a breakthrough with its OLED panels, which now has lowered power consumption by automatically adjusting the display’s refresh rate. This can save power by about 22 percent compared to existing smartphone displays.

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Samsung Display‘s subsidiary firm, Samsung Corning Advanced Glass, is selling its factory in Gumi, South Korea to a Chinese company. The news arrives after the company held a board meeting last week regarding the matter, which was confirmed by a report from TheElec.

At the moment, Samsung Corning has two factories in its home country, with one in Gumi and another factory at Asan. The Gumi facility has been producing target materials that are utilized to make thin films to coat displays and solar panels. The site also worked to manufacture coat liquid crystal displays, organic light emitting diode (OLED), and even touch screen panels in the display department.

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Samsung Corning Advanced Glass had first acquired the business from Samsung Corning Precision Materials back in 2014. However, a person close to the matter claimed that the South Korean tech giant plans on now focus solely on OLED displays. Since the Asan facility is already producing the glass for OLEDs, the company has decided to sell its Gumi factory.

The company is now clearly focusing on its OLED panel business. Previously, Samsung has previously sold off its LCD panel making plants. This is indicative of the company’s shift towards OLED panels and other relating technologies as well. MiniLEDs is one such area the company is working on.

Update: The Chinese metal company Vital Materials has been confirmed to be the buyer of the Samsung Corning Advanced Glass factory in Gumi, South Korea. A recent report from TheElec confirmed the news, with Vital announcing that it has bought the ceramic target business of Samsung on its homepage. Vital also stated that the newly acquired business will provide highly “complementary geographic, product, and market mix.”

Olivier Bracher, Vital Thin Film Materials VP said that “The synergies created by the acquisition will form a stronger and more reliable partner for new and existing customers around the globe.” For those unaware, Vital is based in Guangzhou, China, and has its operations revolving around material technology with an emphasis on R&D, production, distribution, and recycling of rare strategic metals.

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The South Korean tech giant, Samsung, has sent an additional 300 workers to China for the expansion of its chip unit in the region. These workers will aid in the completion of the second chip manufacturing site in the country, despite the ongoing Coronavirus pandemic.

Previously, Samsung Electronics had already sent 200 engineers to the Xian plant last month. Furthermore, the new workers being sent to China will be exempted from the mandatory 14 days of isolation. This is made possible through the new “fast-track” entry, which was approved between South Korea and China. Although, these workers will be quarantined for at least three days and testings to ensure there are no positive infection cases being brought in.

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At the moment, the Xian plant is Samsung’s only chip factory in an overseas land. This plant makes 3D NAND flash memory and is set to receive an additional 8 billion US Dollars in funding for further expansion. Additionally, the company is also looking to grow its presence in the chip foundry industry to rival the industry giant, TSMC. This will have it reduce its own reliance on its memory department and open up other opportunities in the semiconductor market.

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Samsung Electronics is well known for its consumer grade products ranging from home appliances to smartphones. However, the company is also a world leader as a supplier in memory chips and even the top manufacturer of AMOLED displays in the world. Now, the company is planning on further expanding its latter department by investing $500 million to set up a display manufacturing plant in India.

The South Korean tech giant will set up the new plant on the outskirts of New Delhi, the capital of India. This arrives after Samsung officially disclosed the sizeable investment and plans in a filing with Indian regulatory bodies. The plant’s primary focus is to produce displays that will be fitted in a wide range of devices including smartphones, and other IoT gadgets.

According to the filing, Samsung is setting up a display manufacturing plant in Noida by allocating some of the lands for its existing plant. This plant was claimed to be the world’s largest smartphone manufacturing plant and was opened in 2018 with a $700 million investment. With the new plant, Samsung will be even less reliant on importing its own technologies from other countries and can source its own components locally, bypassing tariffs and customs duties.

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The new display manufacturing plant also boosts the production capacity which will largely benefit from the Indian Government’s tax benefits and subsidies on manufacturing locally. India is currently the world’s second largest smartphone market which the Government recognizes and thus provides incentives to OEMs to set up their manufacturing and assembly plants locally.

Notably, Samsung is the second most popular brand in the Southeast Asian country. However, it is expected to be overtaken by Chinese brand Realme in the fourth quarter of 2019, according to analysts. Thus, the move might help Samsung price its Galaxy offerings more aggressively in the near future to stay more relevant in the current smartphone trends as Chinese tech giants like Xiaomi are becoming increasingly more popular in the nation.

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(Via)

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A new report from South Korea indicates that Samsung will be shutting down its last smartphone manufacturing plant in China at the end of the month. The plant located in the Guangdong province of China first started producing phones on December 1992. It is presently the only functional Samsung production plant in China and around June this year, the company scaled down production at the plant with reports of workers getting laid off.

The steady rise to prominence of local phone manufacturers in China signalled the decline of Samsung phones in what was one of its strongholds. Samsung controlled more than 20% share of the market in the hay days but as Chinese brands continue to surge in growth, the Korean company continued to lose market share. The local OEMs like OPPO, Vivo, Xiaomi and others were able to gain ground against the global market leader by offering premium models at affordable prices. Samsung’s market share in China was below 1% as at the end of 2018.

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In recent times, Samsung has made efforts to reclaim its lost glory in the Chinese market and other markets like India where Chinese OEMs have grabbed a chunk of the market share for her hands. The company recently shifted its focus to the midrange segment with the Galaxy A series and other premium but affordable models. The Korean tech giant is also exploiting the use of ODM to manufacture its phones for the local market in a bid to cut the cost of production and thus bring down the retail price. The Galaxy A6s and A9s were the first devices to be manufactured by an ODM.

Samsung still continues production of smartphones in its plants in Thailand and Vietnam, though. However, it remains to be seen if there would be any chance of a return to China in the future. Time will tell.

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(source)

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