The chief executive of Samsung Electronics confirms on his social media account that the construction of a new semiconductor foundry in Taylor, Texas is on track and going smoothly without any interruption.
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The Kyung Kye-Hyun the co-CEO of Samsung Electronics business further added that the semiconductor foundry in Taylor will be finished this year and start producing the best products starting next year.
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Additionally, he also posted a photo of Williamson County Judge Bill Gravell giving him a Samsung Highway road sign. The Williamson County Court renamed the road Samsung Highway last month which is formerly known as Future County Road.
Moving ahead, in November 2021, Samsung also said it will build a $17 billion advanced chip facility in the city to help boost the production of advanced logic semiconductor solutions that power next-generation innovations and technologies.
Samsung CEO Hyun said in his Instagram post
- The fab will be finished within this year and start producing the best products.
Production of this semiconductor plant in the USA includes various motives such as the surrounding local semiconductor ecosystem, infrastructure stability, local government support, community development opportunities, and much more.
