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Samsung announces new advanced semiconductor site in Taylor, Texas
Samsung Electronics announced today it has selected a site in Taylor, Texas, to build a new semiconductor wafer fabrication plant that is set to produce advanced logic devices. The estimated $17 billion investment, which will mark the largest investment made by Samsung in the U.S., is expected to create about 2,000 new jobs directly and thousands of related jobs once the new facility is in full operation. The funding will bring Samsung’s total investment in the U.S. to more than $47 billion since beginning U.S. operations in 1978.