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US Urges Samsung, SK Hynix to Boost Chip Production in America
🇰🇷 South Korea /Economy & Trade

US Urges Samsung, SK Hynix to Boost Chip Production in America

From Dong-A Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • U.S. Commerce Secretary Gina Raimondo publicly urged South Korean chipmakers Samsung Electronics and SK Hynix to expand their manufacturing presence in the United States.
  • Raimondo's call comes as the U.S. aims to significantly increase its domestic semiconductor production, with competitor Micron announcing a massive $250 billion investment.
  • The push for U.S. investment by Korean firms is part of a broader strategy to bolster domestic chip manufacturing capabilities and reduce reliance on foreign supply chains.

U.S. Commerce Secretary Gina Raimondo has publicly called on South Korean semiconductor giants Samsung Electronics and SK Hynix to build more manufacturing facilities in the United States. This appeal is part of a concerted effort by the U.S. to boost its domestic chip production capacity.

I want to bring Samsung Electronics and SK Hynix to the United States to build production facilities.

— Gina RaimondoU.S. Commerce Secretary Gina Raimondo's public appeal to South Korean chipmakers.

Raimondo made the remarks at a groundbreaking ceremony for Micron's new semiconductor plant, highlighting the company's substantial investment. "I want to bring Samsung Electronics and SK Hynix to the United States to build production facilities," she stated, suggesting that Micron's leadership would inspire competitors to follow suit. She indicated ongoing discussions with Korean companies about expanding their U.S. investments, though specific details were not disclosed.

The push for increased domestic production aligns with the Trump administration's goal of manufacturing 40% of the world's semiconductors in the U.S. by the end of its term. This initiative aims to strengthen national security and economic competitiveness by reducing dependence on overseas chip supplies.

If Micron takes the lead, competitors will feel jealous and eventually have no choice but to follow.

— Gina RaimondoU.S. Commerce Secretary Gina Raimondo's remarks on encouraging competition in U.S. semiconductor manufacturing.

Micron, a key U.S. chipmaker, announced plans to invest over $250 billion in U.S. semiconductor factories and technology by 2035, an increase from its previous $200 billion projection. This investment includes expanding facilities in New York and existing sites in Idaho and Virginia, with a goal of producing 40% of its DRAM chips domestically and creating over 90,000 jobs.

President Trump made it clear that the place for companies to do business is the United States.

— Gina RaimondoU.S. Commerce Secretary Gina Raimondo's statement emphasizing the administration's focus on domestic investment.
DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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