To improve supplies, Samsung to build chip factory in Texas

Robert Besser
27 Nov 2021, 12:52 GMT+10

Samsung Electronics will build a $17 billion semiconductor chip factory in Texas, in a bid to increase the supply of chips
Samsung officials said it found Taylor, Texas to be the most likely site for its chip manufacturing facility, located some 30 miles from its Austin-based production center
Samsung is opening the Texas chip plant at the same time that Intel and Taiwan Semiconductor Manufacturing Company are also building factories in the west

SAN JOSE, California: Samsung Electronics will build a $17 billion semiconductor chip factory in Texas, in a bid to increase the supply of chips.

Samsung officials said it found Taylor, Texas to be the most likely site for its chip manufacturing facility, located some 30 miles from its Austin-based production center.

"With greater manufacturing capacity, we will be able to better serve the needs of our customers and contribute to the stability of the global semiconductor supply chain," said Kinam Kim, Vice Chairman and CEO, Samsung Electronics Device Solutions Division.

Officials from the state of Texas and Samsung announced the decision on November 23.

Samsung is opening the Texas chip plant at the same time that Intel and Taiwan Semiconductor Manufacturing Company are also building factories in the west.

The three companies will build facilities in the west, in response to the unprecedented post-Covid demand for semiconductor chips to operate autos, computers, televisions, personal electronic devices, home appliances, and smartphones.

Samsung currently employs 3,000 people in Texas, and future plans call for hiring an additional 1,800 staff.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Orlando Echo.

More Information

45 ℉

Cloudy in Orlando/Executive

International

Section

Restaurants say Minneapolis vaccine rules unfair, sue city

MINNEAPOLIS, Minnesota: The city of Minneapolis and its mayor are being sued by restaurant and bar owners, in response to ...

U.S. unlikely to organize evacuations for Americans in Ukraine

US citizens in Ukraine advised to board commercial flights in case push comes to shove A spokesperson for the US ...

Hundreds of Cubans expected to receive prison terms after July riots

HAVANA, Cuba: Courts in Cuba concluded six mass trials involving individuals allegedly participating in the largest and most unruly demonstrations ...

UK's Johnson announces easing of COVID-19 restrictions

LONDON, England: UK Prime Minister Boris Johnson has said that since infections are leveling off in most parts of the ...

Slovenia, Taiwan to open representative offices, China condemns move

BEIJING, China: Slovenia's plans to upgrade relations with self-governing Taiwan have angered China, which accused Taiwan of ratcheting up diplomatic ...

Mexican journalists murdered while reporting on drugs, corruption

MEXICO CITY, Mexico: In a blow to the country's press corp, two Mexican journalists who had reported their country's slide ...

Florida

Section