Samsung plans to spend $17 billion to build a chip factory in Texas

① Samsung plans to spend $17 billion to build a chip factory in Texas
CNBC reported that Samsung plans to build a $17 billion semiconductor factory in the next three years in Tyler, near Austin, Texas, as part of improving manufacturing capacity and alleviating the global chip shortage. According to the report, Samsung aims to help improve the production of advanced logic semiconductors for mobile phones and computers. “Like other chip manufacturers, Samsung urgently needs more capacity,” Glenn O’Donnell, vice president and research director of Forrester, an analyst company, told CNBC on Tuesday. “It is following Intel, TSMC and other companies to build more production.” Samsung said that the construction work is expected to start in the first half of 2022 and hopes to be put into operation in the second half of 2024.
② The Southwest Headquarters of Geely Technology Group settled in Chongqing and plans to invest in the construction of 12GWh power battery project
Geely Technology Group has signed cooperation agreements with Chongqing Liangjiang New Area and Fuling District respectively. According to the agreement, Geely Technology Group will set up the Western Corporation and Innovation Research Institute in Chongqing. Geely also plans to invest in the construction of 12GWh power battery project in Fuling District. This is another strategic layout of Geely Holding Group in Chongqing after high-end new energy vehicles, industrial Internet headquarters, Shengbao Finance and other projects. Recently, at the “Smart Geely 2025” conference, Geely announced that the smart cockpit chip SE1000 developed by Geely Core Technology and adopted the car specification level 7nm process will be officially mass produced next year after the car specification level certification, which will become the first car specification level SOC chip in China with the 7nm process.
211129 Core News | Samsung plans to spend $17 billion to build a chip factory in Texas, US
③ The sales volume of China’s integrated circuit industry from January to September was nearly 700 billion yuan, with the largest increase in manufacturing industry
According to statistics, China’s integrated circuit industry continued to grow steadily. From January to September 2021, the sales volume of China’s integrated circuit industry was 685.86 billion yuan, up 16.1% year on year. Among them, the design industry increased by 18.1% year on year, with sales of 311.1 billion yuan; The manufacturing industry increased by 21.5% year on year, with sales of 189.81 billion yuan; The packaging and testing industry increased by 8.1% year-on-year, with sales of 184.95 billion yuan. According to customs statistics, from January to September 2021, China imported 478.42 billion integrated circuits, up 23.7% year on year; The import value was USD 312.61 billion, up 23.7% year on year. 232.98 billion pieces of integrated circuits were exported, up 28.4% year on year; The export value was US $108.62 billion, up 33.1% year on year.
④ Ningde Times set up a new company with 2 billion yuan in Guizhou to accelerate the layout of new production capacity
According to Tianyan, Ningde Times (Guizhou) New Energy Technology Co., Ltd. was established with a registered capital of 2 billion yuan. The equity penetration chart shows that Ningde Times (Guizhou) New Energy Technology Co., Ltd. is 100% owned by Ningde Times New Energy Technology Co., Ltd. Ningde Times released two announcements on investment and construction of energy storage battery and lithium-ion battery projects. Among them, it is planned to invest in the construction of Xiamen Times Lithium Ion Battery Production Base Project (Phase I) in Xiamen, Fujian Province, with a total investment of no more than 8 billion yuan; At the same time, it is proposed to invest in the construction of Guizhou new energy power and energy storage battery production and manufacturing base phase I project in Gui’an New Area, Guizhou Province, with a total investment of no more than 7 billion yuan. The two projects are planned to invest no more than 15 billion yuan.