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Chip factory production is close to full recovery

A spokesman for Samsung Electronics (208.25, 0.00, 0.00%) said on Tuesday that as of last week, output at its Austin, Texas, chip plant was close to normal.


The plant has been shut down for more than a month due to the cold wave in the United States on February 16, which is the first time in Samsung’s history that its production line has been shut down for more than a month, with an estimated loss of 400 billion won (about $355 million).


Samsung Austin factory mainly produces it equipment semiconductor products and communication semiconductor products based on 14-65nm process, such as mobile AP, high-performance solid state hard disk (SSD) controller, display driver IC, etc.