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Samsung reportedly delaying chip manufacturing at new plant in Central Texas

Samsung reportedly delaying chip manufacturing at new plant in Central Texas
December 27, 2023


TAYLOR, Texas — A brand new document says chip manufacturing on the new Samsung plant northeast of Austin can be behind schedule.Consistent with Bloomberg Information, which cites a information outlet in South Korea, Samsung’s emblem new $17 billion plant in Taylor may not produce chips till a minimum of 2025.At this time it stays unclear why Samsung is pushing manufacturing again on the facility, which is about to open subsequent 12 months. The document comes after Samsung additionally behind schedule opening its new plant in Arizona on account of a scarcity of skilled staff.
Consistent with Taylor Mayor Brandt Rydell, the $17 billion funding into the neighborhood is anticipated to usher in about 2,000 jobs and gas huge expansion within the small the town.READ MORE: Primary expansion coming to Talor as building on Samsung facility continues“We indubitably look forward to from 2020 to 2030, Taylor can be one of the crucial abruptly rising towns in Texas, if no longer the country, I might look forward to. Having an financial challenge out right here on a scale that few have observed on the earth,” Rydell advised KVUE’s Matt Fernandez in November.Rydell mentioned Taylor is increasing its wastewater remedy plant with the realm’s water provider in addition to bettering roads. The primary a part of the brand new Samsung Freeway is already entire.Samsung equipped KVUE with a remark in regards to the standing of the plant, clarifying that the corporate nonetheless plans on having the plant operational by means of the tip of 2024:”The Samsung Taylor fab is not off course to be operational by means of the tip of 2024. We can’t touch upon timing for mass manufacturing.” Boomtown is KVUE’s collection overlaying the explosive expansion in Central Texas. For extra Boomtown tales, head to KVUE.com/Boomtown.KVUE on social media: Fb | X | Instagram | YouTube

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