Samsung will build a $17 billion semiconductor factory in Texas

Samsung has committed to build a chip-making factory in Texas, just as the US starts to push for the expansion in semiconductor production within the country. The Korean tech giant will be investing $17 billion into the new facility, which will manufacture high-end and advanced chips for smartphones, 5G and artificial intelligence, among other applications. According to The Wall Street Journal, construction for the factory is scheduled to begin next year, while production within the facility is expected to start in the second half of 2024. 

The US government has been taking steps towards boosting semiconductor production in the US, following the global chip shortage caused by shuttered plants

→ Continue reading at Engadget

Similar Articles

Advertisment

Most Popular

The NFL’s elite young quarterbacks are finally taking control of the league

The playoff campaigns of Tom Brady and Aaron Rodgers ended over the weekend, and now their futures are at a crossroads. Those decisions, paired...

Airstream's concept electric camping trailer propels itself

Even Airstream is getting in on electric vehicles. According to Autoblog, the Thor brand has introduced a pair of EV concepts that include the...

Sony will release a movie made using the PlayStation game-builder ‘Dreams’

Sony Pictures Classics has picked up the rights to an animated movie entitled A Winter’s Journey, which will be made in part using the...