U.S. Commerce Secretary urges Samsung and SK Hynix to build memory chip factories in the U.S.

Odaily Planet Daily News: U.S. Commerce Secretary Howard Lutnick stated at a ceremony for Micron's new factory near Syracuse, New York on the 9th local time that he hopes Samsung Electronics and SK Hynix will also build production facilities in the United States. Micron recently announced it will expand its U.S. semiconductor facility investment from $200 billion to $250 billion, planning to mass-produce 40% of its total DRAM output in the United States by 2035. Samsung Electronics is building an advanced foundry in Taylor, Texas, and SK Hynix is constructing an advanced packaging plant in West Lafayette, Indiana. However, neither company yet has a memory chip front-end process wafer fab in the United States. Late last month, Samsung Electronics and SK Hynix announced large-scale semiconductor investment plans in South Korea, totaling 3,200 trillion won for projects including the Yongin semiconductor cluster, Cheongju packaging plant, and the southwestern semiconductor cluster. (ZDNet Korea Semiconductor)