Samsung Picks Texas Site for Advanced U.S. Chip Plant
- Korean giant picks Taylor, just outside existing Austin base
- The advanced plant will help propel U.S. chipmaking ambitions
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Samsung Electronics Co. has decided to build an advanced U.S. chip plant in Texas, a win for the Biden administration as it prioritizes supply chain security and greater semiconductor capacity on American soil.
South Korea’s largest company has decided on the city of Taylor, roughly 30 miles (48 kilometers) from its giant manufacturing hub in Austin, a person familiar with the matter said. Samsung and Texas officials will announce the decision Tuesday afternoon, according to people familiar with the matter, asking not to be identified because the news hasn’t been made public. A Samsung representative said it hadn’t made a final decision and declined further comment.