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

What Developers Need to Know About Carbon Programming Languages

Google engineers have developed a new programming language called Carbon to replace C++. Here are some details that...

MiniTool Launched MiniTool MovieMaker 6.0 with 4 Aspect Ratios

MiniTool launched MiniTool MovieMaker 6.0, the latest version of its video editing software with enhanced features and effects...

Replit and Google Cloud Collaborate to Accelerate Generative AI for Software Development

Replit, a cloud software development platform, declared a new strategic collaboration with Google Cloud accelerating the creation of...

Quectel Releases KG100S Module For Amazon Sidewalk To Provide Advanced Connectivity Solutions For Customers

Quectel Wireless Solutions, a global provider of IoT solutions, and Amazon Sidewalk, a secure, wide-reaching, low-bandwidth network for...