In a press conference on Tuesday, November 23, 2021, Governor Abbott announced that Samsung Austin Semiconductor, LLC has selected the City of Taylor for the site for their new semiconductor plant. Samsung’s $17 billion investment in a new facility will boost production of advanced semiconductors.
The largest-ever investment by Samsung in the US will improve supply chain resilience of crucial logic chips. Construction should start next year, with the plant fully operational by the end of 2025.
Published on 2021-12-30 19:43:32
