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Samsung to pick Taylor, Texas, for its $17 billion chip plant – WSJ

Amnon Free Press/Central Press Syndicate, USA. Read, Enjoy and Share the Latest US News Updates.

November 23, 2021

(Reuters) – Samsung Electronics Co plans to build its $17 billion semiconductor factory in Taylor, Texas, the Wall Street Journal reported on Monday citing people familiar with the matter.

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An announcement is expected to come as early as Tuesday, the report said, adding that Texas governor Greg Abbott is scheduled to make an “economic announcement” Tuesday at 5 p.m. local time.

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(Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Rashmi Aich)

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