South Korean tech giant Samsung Electronics Co Ltd said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.
in the race to expand chip contract manufacturing in the United States, where the sector is seen as an area of strategic competition with China.
U.S. President Joe Biden's administration has promised billions of dollars in federal funding to boost chip manufacturing and research to ensure it has an edge over China in advanced technologies and to address shortages for critical industries like autos.Reporting by Heekyong Yang in Seoul and Sabahatjahan Contractor in Bengaluru; Editing by Stephen CoatesSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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Adele’s ‘30’ Knocks Taylor Swift Off Top Of iTunes Chart Hours After ReleaseI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
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