Samsung Electronics Chairman Lee Jae-yong. (Photo=Yonhap News)

 

[Alpha Biz= Reporter Kim Jisun] Samsung Electronics will invest a total of $44 billion (about KRW 56.5 trillion) in a new state-of-the-art semiconductor plant in Taylor, Texas. It is more than twice the amount of investment ($ 17 billion, about 23 trillion won) previously announced.

Foundry (semiconductor consignment production) is more than TSMC's US investment ($ 40 billion).

The Wall Street Journal (WSJ), a leading U.S. economic magazine, reported on the 5th that "Samsung Electronics plans to expand its investment in Taylor's semiconductor production to $44 billion, more than double the previous investment."

Samsung Electronics announced that it will invest $ 17 billion in Taylor in 2021 to build a foundry plant by the end of this year. Through additional investments, Samsung Electronics is expected to build one more state-of-the-art semiconductor production facility and add state-of-the-art packaging facilities.

 

 

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