We got the best Samsung deals! Galaxy S24 Ultra, Watch 6, Z Fold 5 or, Z Flip 5.

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung officially announces $17 billion semiconductor plant in Taylor, Texas

    Business
    By 

    Last updated: November 24th, 2021 at 08:33 UTC+01:00

    Last week, we reported that Samsung boss Lee Jae-yong travelled to the US to zero in the location of its upcoming $17 billion semiconductor chip plant. After dilly-dallying with several locations, Samsung seemed to have settled for Texas, where it already has a chip plant (in Austin). Now, the company has officially announced that it has chosen the city of Taylor, Texas for its new plant.

    The information comes via an official announcement on Samsung's official website. Construction of the plant is expected to kick off sometime in 2022 and the mass-production will commence sometime in 2024.

    While it isn't specified just which process node the plant will employ, Samsung has specified that it will be used to manufacture products for “5G, high-performance computing (HPC) and artificial intelligence (AI)” applications, so it could be a 5nm or newer process.

    Samsung's decision to select Taylor was based on multiple factors, including infrastructure, community development, and support from the local government. Samsung promises to create about 2,000 high-tech jobs in the area. That number is expected to increase soon via programs like Samsung Skills Centre.

    Kinam Kim, Vice Chairman and CEO, of Samsung Electronics, said, “With greater manufacturing capacity, we will be able to better serve the needs of our customers and contribute to the stability of the global semiconductor supply chain. We are also proud to be bringing more jobs and supporting the training and talent development for local communities, as Samsung celebrates 25 years of semiconductor manufacturing in the U.S.”

    Join SamMobile’s Telegram group and subscribe to our YouTube channel to get instant news updates and in-depth reviews of Samsung devices. You can also subscribe to get updates from us on Google News and follow us on Twitter.

    Source Business Samsung ElectronicsSamsung FoundryUSA

    You might also like

    March 2024 security update for Galaxy Z Fold 2 is live in USA

    March 2024 security update for Galaxy Z Fold 2 is live in USA

    Last week, Samsung started rolling out the March 2024 security patch to the Galaxy Z Fold 2. However, up until now, the security update was available only to the international variant of the foldable phone. Now, the Korean tech giant is extending it to the carrier-locked and carrier-unlocked variants of the smartphone, which come with […]

    • By Abid Iqbal Shaik
    • 14 hours ago
    Samsung’s first acquisition in 7 years could be of an AC company

    Samsung’s first acquisition in 7 years could be of an AC company

    Despite having billions of dollars in cash, Samsung hasn't made any acquisitions over the past seven years. Its last major acquisition was that of Harman International. Recent reports have suggested that the company is looking to be more active in the mergers and acquisitions segment now, and it appears Samsung may already have a large.t […]

    • By Adnan Farooqui
    • 15 hours ago
    Samsung releases March 2024 security update to Galaxy A51 5G in USA

    Samsung releases March 2024 security update to Galaxy A51 5G in USA

    We are reaching towards the end of the month, and so far, Samsung has released the March 2024 security patch to many of its smartphones and tablets, including entry-level, mid-range, and high-end devices. However, there are still plenty of devices to which the company has yet to roll out the latest security update. The Galaxy […]

    • By Abid Iqbal Shaik
    • 22 hours ago
    Galaxy Tab A7 Lite gets updated to Android 14 in USA

    Galaxy Tab A7 Lite gets updated to Android 14 in USA

    Two months ago, Samsung released the Android 14 update to the Galaxy Tab A7 Lite. But back then, the update was released in South Korea. The entry-level tablet is now getting the Android 14 update in the USA. Galaxy Tab A7 Lite Android 14 update available in USA The Android 14 update (One UI 6.0) […]

    • By Asif Iqbal Shaik
    • 2 days ago
    Pre-orders for Samsung’s new OLED and Neo QLED TVs are now open in USA

    Pre-orders for Samsung’s new OLED and Neo QLED TVs are now open in USA

    At CES 2024 earlier this year, Samsung unveiled its new TV and soundbar lineup. However, the company had not revealed the pricing or launch dates of its new TVs and soundbars at the time. Today, Samsung has started taking pre-orders for its new Neo QLED and OLED TVs. Its Music Frame wireless speaker is also […]

    • By Asif Iqbal Shaik
    • 4 days ago
    Samsung expects 2024 chip revenue returning to 2022 level

    Samsung expects 2024 chip revenue returning to 2022 level

    A significant decline in chip revenue has hurt Samsung's profits significantly, but the company is now expecting a return to form, on the back of increased demand for memory products for AI applications. The company is now expecting its chip revenue this year to return to the 2022 level, which was before the downturn, and […]

    • By Adnan Farooqui
    • 4 days ago