Samsung Picks Texas City for $17 Billion Semiconductor Factory, to Create 2,000+ Jobs

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. The advanced Samsung Electronics Co. Ltd. factory will cover more than 5 million square meters. Taylor was selected because of its proximity to Samsung’s existing facilities in Austin as well as the city’s accommodating infrastructure and local semiconductor ecosystem. Besides the 2,000 jobs, the plant will support …

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