Samsung Electronics of South Korea announced on the 23rd that it has not yet made a final decision on the construction site of a new semiconductor factory with a scale of 17 billion dollars, which will be the second in the United States.
The Wall Street Journal (WSJ) will be in Tyler, Texas, and Governor Abbott of the state said at 5 pm local time (8 am on 24th Japan time) “economically”. “Announcement” will be made.
So far, sources have told Reuters that Williamson County, near Tyler, Texas, is a prime candidate. The reason is that subsidies are available.
Samsung Electronics is also considering New York and Arizona as potential sites.
The new plant will manufacture high-performance logic semiconductor chips for mobile terminals and self-driving cars.
The United States has positioned the semiconductor contract manufacturing sector as a strategic competitive field with China, and in addition to Taiwan Stacked Circuit Manufacturing (TSMC) and Intel in the United States, Samsung Electronics is also moving to expand the business in the United States.
Cheyenne Cox is a news report covering multiple Market and economy News. She is creative and highly professional writer. Cheyenne holds a degree in communication and journalism and has also a Diploma in digital marketing. She belongs to south Africa who has also lived in Europe and is currently based in the US.