Samsung Electronics'

Texas Chip Output Reverts to Near-Normal Levels

  Samsung Electronics' Texas Chip Output Reverts to Near-Normal Levels Samsung Electronics reported on Tuesday that production at the US Chip factory in Austin, Texas, had returned to near-normal levels as of last week, after more than a month-long outage. The Company and other chipmakers with production facilities in the region experienced shutdowns on February 16 due to severe weather. Management declined to comment on when production would return to normal. Research provider TrendForce said the cut will have a decisive impact on the global chip contract manufacturing industry, which is already struggling with a serious capacity crisis. TrendForce, Qualcomm 5G radio frequency chips, Samsung display and image sensor chips make up about 65 % of the monthly production at the Samsung factory.

Samsung Electronics reported on Tuesday that production at the US Chip factory

Seoul analysts say there are few chips that control the integrated circuits and electrical parts of other chip makers. TrendForce stated that the outage could hurt smartphone production globally in the April-June period and could lower the 5G smartphone penetration rate this year. In the said assessment, “However, the shutdown in the second half of this year may affect smartphone production somewhat, smartphone manufacturers have chip stocks “.  His statements were included. Analysts estimate that the loss from the plant's production cut will be around 300-400 billion won ($ 265-353 million), which will be largely reflected in Samsung's January-March quarter earnings results to be announced in April. ($ 1 = 1,133,7700 won) Samsung Electronics' Texas Chip Output Reverts to Near-Normal Levels  

Source: Yahoo.Finance

 

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