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 said 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 U.S. Micron recently announced that it will expand its investment in U.S. semiconductor facilities from $200 billion to $250 billion, planning to mass-produce 40% of its total DRAM output in the U.S. by 2035. Samsung Electronics is building an advanced foundry in Taylor, Texas, and SK Hynix is building an advanced packaging plant in West Lafayette, Indiana, but neither company currently has a front-end process wafer fab for memory chips in the U.S. At the end of last month, Samsung Electronics and SK Hynix announced large-scale semiconductor investment plans in South Korea, intending to invest a total of 3,200 trillion won in projects such as the Yongin semiconductor cluster, the Cheongju packaging plant, and the southwestern semiconductor cluster. (ZDNet Korea Semiconductor).