Company Profile

A major semiconductor manufacturer, Samsung Electronics is the parent company for eight fabs across South Korea and China, as well as one fab in the US which is operated by Samsung Austin Semiconductor. The company’s fabs manufacture a range of products, such as semiconductor nodes, integrated circuit chips, and memory chips. In 2020, Samsung Electronics ranked second within the global market share of the semiconductor manufacturing market. By 2023, Samsung Electronics expects to construct a new $17 billion fab in either New York, Arizona or Texas. The fab will likely reflect the company’s emerging strategy, which focuses on extreme ultraviolet lithography technology.