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)

Share

Click below to share this with others

You Are Not Logged In

You need to be logged in to your IFA account to do this. Click below to login or sign up for an account.