Samsung Electronics has announced the construction of a chip manufacturing plant in the United States. The plant will be built in the state of Texas and will become one of the key ones for the company along with the plant in Pyeongkhak in South Korea. The project will cost $ 17 billion.

Construction will start in the first half of 2022. The factory is slated to start operating at the end of 2024.

On October 11, Taiwan Semiconductor Manufacturing Company and Sony announced the construction of a semiconductor factory. $ 7 billion was allocated for the construction. The controlling stake will belong to TSMC.

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