Samsung to select Taylor, Texas, for its $17 billion chip plant – WSJ


(Reuters) – Samsung Electronics Co plans to construct its $17 billion semiconductor manufacturing facility in Taylor, Texas, the Wall Avenue Journal reported on Monday citing individuals aware of the matter.

An announcement is anticipated to come back as early as Tuesday, the report stated, including that Texas governor Greg Abbott is scheduled to make an “financial announcement” Tuesday at 5 p.m. native time.

(Reporting by Sabahatjahan Contractor in Bengaluru; Enhancing by Rashmi Aich)

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