Samsung Delays Production at US Chip Factory to 2025 in Blow to Biden Ambitions

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Samsung Electronics Co. has delayed mass production plans at its new chip plant in Taylor, Texas, the Seoul Economic Daily said, potentially dealing another blow to the Biden administration’s ambition to increase domestic semiconductor supplies.

Mass production at the upcoming $17 billion fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung’s foundry business at an industry event in San Francisco.

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