The Korea-based electronics giant recently announced plans to construct what will be the company’s second semiconductor fabrication facility in North America, with the first being located in Austin, Texas. As part of the announcement Samsung revealed that they are investing $3 billion into their new site.
Samsung has announced a new advanced semiconductor fab site in Taylor, Texas. The company is investing $1 billion to build the facility and create 3,000 jobs.
Image courtesy of Samsung
Samsung has announced that it will construct a new and sophisticated semiconductor fabrication facility in Taylor, Texas. The project, which is expected to cost roughly $17 billion, is the South Korean manufacturing giant’s greatest investment in the United States. The Taylor website from Samsung is planned to launch in the second part of 2024.
According to Samsung’s announcement:
[…] The expected $17 billion investment in the US will aid in the manufacture of sophisticated logic semiconductor solutions that will power next-generation innovations and technology.
The new facility will produce products based on sophisticated process technologies for use in mobile, 5G, high-performance computing (HPC), and artificial intelligence applications (AI). Samsung is dedicated to helping customers throughout the world by making sophisticated semiconductor production more accessible and addressing the increasing demand for cutting-edge products.
“By building a new plant in Taylor, Samsung is setting the foundation for a new chapter in our history,” stated Kinam Kim, Vice Chairman and CEO of Samsung Electronics Device Solutions Division. “By increasing our production capacity, we will be able to better service our customers’ demands and contribute to the global semiconductor supply chain’s stability.”
“As Samsung celebrates 25 years of semiconductor production in the United States, we are also happy to be providing additional employment and supporting training and talent development for local communities,” Kim added.
“We are thankful to the Biden Administration, in addition to our Texas partners, for fostering a climate that supports firms like Samsung as we try to increase leading-edge semiconductor production in the United States,” Kim concluded. “We also appreciate the administration’s and Congress’s bipartisan support for enacting government incentives for domestic chip manufacture and innovation as quickly as possible.”
Governor Greg Abbott said, “Companies like Samsung continue to invest in Texas because of our world-class business environment and excellent workforce.” “Samsung’s new semiconductor production plant in Taylor will provide innumerable opportunities for hardworking Central Texans and their families, and it will help our state maintain its semiconductor sector leadership.” I’m looking forward to strengthening our collaboration to maintain Texas a technological leader and a thriving economic powerhouse.”
Samsung is the source of this information.
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The “Samsung taylor texas jobs” is a new advanced semiconductor fab site that Samsung has announced. The company plans to invest $3.2 billion in the facility, which will be located in Taylor, Texas. Reference: samsung taylor texas jobs.
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