Samsung chooses Taylor, Texas, for $ 17 billion chip factory


Samsung Electronics Co. plans to build a $ 17 billion chip production facility in Taylor, Texas, according to people familiar with the matter, a mega-investment by the South Korean technology giant, as the Biden administration pushes for an expansion of US semiconductor production. .

An announcement can come as early as Tuesday, said people who are familiar with the case. Governor Greg Abbott is scheduled to give a “financial announcement” Tuesday at 5 p.m. local time.

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