Tuesday, 23/11/2021; Nikos Kaimakamis
Samsung’s investment in the Taylor area of Texas, USA, may reach $ 17 billion. The production line there will meet the demand not only of Samsung itself, but also of the companies it supplies with processors.
In total, Samsung wants to invest $ 205 billion in the development of its business, with $ 17 billion spent on building the new plant. The start of production at the plant in Texas is scheduled for 2024, while it is estimated that they will be created approximately 1,800 new jobs there.
Samsung already has a plant in Austin, Texas, with Taylor having a significant boost in production, covering about 1,200 hectares of land. Samsung is embracing the view that the processor crisis can only be tackled with investment, as is the case with TSMC, which will invest $ 100 billion in processor production over the next three years.
Follow Techblog.gr on Google News to be the first to know all the technology news. If you use RSS add Techblog to your list https://techblog.gr/feed.
Source: Techblog by techblog.gr.
*The article has been translated based on the content of Techblog by techblog.gr. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!