Samsung Picks Texas City for $17 Billion Semiconductor Factory, to Create 2,000+ Jobs

Samsung Picks Texas City for $17 Billion Semiconductor Factory, to Create 2,000+ Jobs
A Samsung flag flies outside the company's headquarters in Seoul, South Korea, on Jan. 12, 2017. Chung Sung-Jun/Getty Images
Naveen Athrappully
Updated:

Samsung announced on Wednesday that it has chosen Taylor, Texas, for its $17 billion advanced chip-manufacturing plant, which is expected to create 2,000 direct high-tech jobs.

“The new manufacturing facility will produce advanced logic chips that will power next-generation devices for applications such as mobile, 5G, high-performance computing (HPC), and artificial intelligence (AI),” Texas Gov. Greg Abbott said, according to a press release.