No, Samsung isn’t building a new chipset factory in the US

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Samsung has effectively shot down the ongoing rumor that it’s about to expand its US-based chip production business amidst South Korea’s ongoing trade war with Japan. Local sources claimed that due to the tensions between the two countries, Samsung might feel pressed to expand its chip manufacturing business in its Austin, Texas-based foundry, which was founded all the way back in 1996 and has cost Samsung nearly $17 billion so far, or even invest in a whole new production factory. The facility doesn’t produce bespoke Samsung chipsets but manufactures chips for export to other phone companies, …

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