Samsung determines where to set up its new chip factory

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Samsung chose Texas to build a new $17 billion computer chip factory.

The facility, to be built near Taylor, Texas, will be the South Korean electronics giant’s largest investment in the United States.

Construction of the facility, which is expected to create jobs for 2,000 people from the technology sector, will begin next year, and operations are scheduled to begin in the second half of 2024.

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Samsung, like many of its competitors, is racing to expand chip production in the United States to solve supply chain problems.

With increased production capacity, they can better respond to customer needs and contribute to the stability of the supply chain, said Kinam Kim, director of electronics solutions at the company.

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