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


Share post:

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.


Please enter your comment!
Please enter your name here


Related articles

Zapier Announces the Availability of Tables and Introduces Canvas

Zapier announces the release of Tables and its new product, Canvas, to all users. Tables is an automation-first...

5 AI Search Engines for Developers in 2023

The search landscape is evolving, and Artificial Intelligence (AI) is pivotal in this change. Here is how AI...

Camo Arrives at the Microsoft Store on Windows

Camo is now available at the Microsoft Store. Its availability brings Camo's video capture and image refinement capabilities...

HitPaw Releases HitPaw Video Object Remover V2.0.0: A Modernized Upgrade for Seamless Video Editing

HitPaw announces the release of HitPaw Video Object Remover (Win) V2.0.0, a new update that uplifts the video...