Samsung reportedly offering up to $300,000 for sales execs to get US chip orders away from TSMC

Samsung wants to expand its foothold on the US semiconductor business, offering up to as much as $300,000 for sales execs to scoop business from TSMC.

Samsung reportedly offering up to $300,000 for sales execs to get US chip orders away from TSMC
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TL;DR: Samsung is aggressively expanding its US semiconductor presence by offering up to $300,000 to attract top sales talent and compete with TSMC. Its $17 billion foundry plant in Texas aims for mass production by 2026, supporting Samsung's goal to increase chip sales and market share in the competitive US semiconductor industry.

Samsung wants to put itself in a better position when it comes to the US semiconductor market, where the company is offering up to $300,000 for future staffers to join the sales team.

Samsung reportedly offering up to $300,000 for sales execs to get US chip orders away from TSMC 406

In a new post from the Korean Economic Daily, Samsung hired a former TSMC sales executive earlier this year, and is now seeking new staff in the US which it is offering up to $300,000 to take chip sales away from TSMC. TSMC has been extremely busy building out its semiconductor facilities in the US, while Samsung is also hard at work on new chipmaking plants on US soil, with its new plant in Taylor, Texas expected to enter mass production in 2026.

TSMC Arizona has already started producing chips in the US, making 4nm chips and processors for companies including Apple, AMD, and NVIDIA. A strong flow of customers is needed to succeed in the contract chip manufacturing business, but Samsung has been struggling for years in the semiconductor business and obviously wants to see that change, offering up to $300K for sales execs to pull chip orders away from TSMC.

KED is reporting that Samsung is aggressively hiring sales professionals in California, offering them up to and over $300,000; not bad considering that a Samsung Foundry sales director has a wage between $200,000 and $319,000, while senior management positions within the foundry customer service have a wage range between $180,950 and $289,050.

The Korean media outlet points out that these salaries are significantly higher than their comparable roles in South Korea, where an account manager enjoys a salary of between $140,515 and $217,485, while for a senior research manager, they are offered the highest available salary for Samsung in South Korea: $266,910.

Samsung's big new $17 billion semiconductor foundry plant in Taylor, Texas, USA is under construction right now, and is expected to be finished by the end of 2026, or in the first half of 2027 at the latest.

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News Source:wccftech.com

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Anthony joined TweakTown in 2010 and has since reviewed 100s of tech products. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

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