Samsung’s Latest Texas chip Plant Price Grows Beyond $25 Billion


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As per sources, the cost of a chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is creating in Taylor, Texas, will exceed $25 billion for the most significant memory chip manufacturer in the world, an increase of more than $8 billion from initial estimates.

The second-largest producer of contract chips worldwide, Samsung, disclosed plans for a plant in Taylor, Texas, for 2021.

Samsung stated that the company might ultimately decide to construct additional factories despite spending up to half of the $17 billion budgeted initially for the Taylor site.

Read More: Exclusive: Samsung’s new Texas chip plant cost rises above $25 billion

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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