Samsung postpones ASML equipment receipt for Texas factory due to lack of major customers.

Samsung Electronics has postponed receiving ASML's chip manufacturing equipment for its $17 billion factory in Texas due to a lack of major customers. This setback hinders Samsung's efforts to expand into contract chip manufacturing, a market led by Taiwan's TSMC. Additionally, Samsung has delayed orders to other suppliers, prompting them to seek alternative clients. Analysts warn that without new clients, production timelines may face further challenges.

October 18, 2024
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