Samsung to Hike Texas Chip Spending to $44 Billion, WSJ Says
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Samsung Electronics Co. aims to raise its investment in Texas to about $44 billion, the Wall Street Journal reported, citing people familiar with the matter.
South Korea’s largest company will focus much of that new spending around the city of Taylor, where it’s already building a semiconductor facility close to existing operations, the Journal reported. Samsung now plans to build another chipmaking plant and an advanced packaging hub.