Samsung Planning U.S. Factory to Help Deal with the Global Chip Shortage

The global chip shortage is affecting pretty much everybody in the industry, from device makers to car manufacturers, as many companies turn to temporary halts of their operations while foundries struggle to fill all their orders. Earlier this year, Intel officially confirmed it plans to step into the car chip manufacturing business, with a new U.S. production line to be up and running in approximately 9 months. And now it’s Samsung’s term to step in and help deal with the global chip shortage, as the South Korean company is reportedly planning to set up a new U.S. facility specifically for the manufacturing of chips. According to a report from Reuters citing a Korean newspaper, Samsung wants to begin the construction of its new U.S plant by the end of the year, possibly as soon as the third quarter. The company will in...