Samsung Picks Texas City for $17 Billion Semiconductor Factory, to Create 2,000+ Jobs
November 25, 2021 | Texas
Samsung announced on Wednesday that it has chosen Taylor, Texas, for its $17 billion advanced chip-manufacturing plant, which is expected to create 2,000 direct high-tech jobs.
“The new manufacturing facility will produce advanced logic chips that will power next-generation devices for applications such as mobile, 5G, high-performance computing (HPC), and artificial intelligence (AI),” Texas Gov. Greg Abbott said, according to a press release.
Construction is expected to begin in the first half of 2022, and production in 2024, with at least 6,500 positions for construction-related employment. The project will be Samsung’s largest investment in the country, and the largest direct foreign investment on record in Texas… (Excerpts from the Epoch Times)