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24 Nov 3:39am

Samsung to build $17bn semiconductor factory in Texas

The Guardian
Group’s biggest single US investment comes amid global chip shortage and related national security concerns Samsung has said it will build a $17bn (£12.7bn) semiconductor factory in Texas, amid a global shortage of chips used in cars, phones and other electronic devices. The plant just outside of Austin would be the South Korean company’s biggest US investment and is expected to be operational in the second half of 2024.
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