According to Yonhap News Agency, US President Biden met with executives of 19 global companies on Monday local time to discuss the issue of global chip shortages. Some analysts said that as the only South Korean company to attend the virtual conference, Samsung may accelerate its investment in the United States.

At this White House meeting, Biden emphasized the necessity of investing in the semiconductor industry to ensure the country's supply chain. Biden earlier announced a $2 trillion infrastructure plan to rebuild the aging infrastructure in the United States, including $50 billion to be used for chip manufacturing and research.

Korean media believe that Samsung's new factory project may face pressure from the United States.

According to previous news, in addition to the Texas fab, Samsung is planning to build another chip factory worth about $17 billion in the United States. Prior to this, TSMC has announced that it will invest 12 billion U.S. dollars to build a wafer fab in Arizona.

Although Texas has always been regarded as the most likely place for Samsung to build factories, the company said it is also evaluating the possibility of investing in other states in the United States, such as Arizona and New York.

KB Securities analyst Kim Dong-won said, “It is expected that the United States will provide Samsung with various incentives, including tax incentives, and attract the company to invest in the foundry business.”

Samsung's new plant is expected to focus on 5nm or more advanced process technology. This means that the United States will have both Samsung and TSMC’s advanced process production lines starting in 2023, and the United States will create a stable semiconductor supply chain. "

Industry observers said that in the long run, Samsung's semiconductor business may be hit by competition between China and the United States. Last year, more than 25% of Samsung's sales came from mainland China. The company has factories in Xi'an, Suzhou and other places.

A chip industry executive who asked not to be named said, “We are now seeing a global chip shortage, but after the United States and China call for large-scale investment in semiconductors, there may be an oversupply problem in the future. At that time, Samsung will also have to bear. This consequence."