Samsung to build $17B chip plant in Texas

by The Manila Times

Nov 24, 2021 12:09 pm

SAN FRANCISCO: Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that comes as semiconductor shortages are causing supply chain delays across many industries.

'Welcome to Texas, Samsung!' tweeted Texas' Republican governor Greg Abbott, who called the planned factory 'the largest foreign direct investment in Texas EVER.'

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