Samsung will build a modern semiconductor factory worth $ 17 billion in Taylor, Texas

Samsung will build a modern semiconductor factory worth $ 17 billion in Taylor, TexasSamsung Electronics celebrates the 25th anniversary of US semiconductor manufacturing. This is the perfect time to announce a new investment by Koreans, which is estimated at US $ 17 billion. Within this amount, we can count on the construction of a new semiconductor factory in Texas, which will create 2,000 jobs for specialists in the field of advanced technologies. The works will start already in the middle of next year, while the completion of construction and commissioning of the facility is to take place in 2024. This is the largest investment in the history of Samsung’s operations in the United States. What exactly will the newly established plant do and what do we know about it?

A new semiconductor factory will be built in Taylor, Texas. Samsung’s record investment in the US is estimated at $ 17 billion. Construction will start in the middle of next year.

Samsung will build a modern semiconductor factory worth $ 17 billion in Taylor, Texas [1]

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Problems with the availability of semiconductors are a real problem that technological giants and smaller market players have to grapple with. Samsung does not intend to passively observe the deteriorating condition of this segment and is planning specific actions. To celebrate the 25th anniversary of chip production in the United States, the company announced its immediate plans. Koreans will build a new 5 million square meter factory in Taylor, Texas. The plant is expected to be a key location that will use the latest production lines along with the Pyeongteak plant in South Korea. We can count on focusing on the areas of 5G, Ai and the broadly understood mobile industry.

Samsung will build a modern semiconductor factory worth $ 17 billion in Taylor, Texas [2]

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Samsung’s decision was made due to the increasing global shortage of chips, which significantly weakens a number of market segments, including electronics and the automotive industry. The choice of location may have been dictated in part by the proximity to another Korean manufacturer’s facility, which is located in Austin approximately 25 kilometers away. Thus, it will be possible to share infrastructure and resources, which will significantly reduce the cost and have a positive impact on the order fulfillment process itself.

Source: Samsung


About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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