Home Health A small town in Texas has won a $ 17 billion deal for a Samsung chip plant

A small town in Texas has won a $ 17 billion deal for a Samsung chip plant

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A big accomplishment for the small Texas town of Taylor: giant Samsung has announced it is building its new $ 17 billion chip factory here. The Electronics Co Ltd plant, which is expected to produce advanced, high-performance chips, will be strategic to support domestic chip supply and reduce reliance on Chinese manufacturing.

The US Senate passes a bill to compete with Chinese technology


Samsung then explained that this plant will not affect existing water sources, but will use a brand new water source found on site. And that the chips from the new plant will be used to power mobile devices and autonomous vehicles.

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