Asia Times ByÂ
SEOUL â Samsung Electronics on Wednesday (November 24) announced the site of its new US$17 billion semiconductor fab in Texas, confirming details of a long-planned investment.
Given the vast scale and immense value of the plant, the announcement had been long signaled and even featured as a talking point in the presidential summit held between Joe Biden and Moon Jae-in in Washington in May.
The new facility will make advanced logic chips, rather than memory chips, using advanced process technologies for application in areas such as mobile, 5G, high-performance computing and artificial intelligence, Samsung said in a statement posted on its website.
