By ET Bureau - May 18, 2021 1 Mins Read
Samsung Electronics is most likely to begin construction of a $17 billion US chip plant which was planned earlier in Q3 of 2021. The target is to make the plant operational in 2024, revealed Electronic Times.
Samsung plans to apply a superior 5-nanometer extreme ultraviolet (EUV) lithography chip-making process that is expected to be in Austin, Texas. However, Samsung noted nothing had been decided as 0of now.
As per previous documents filed with Texas, officials indicated that Samsung is considering Austin as one of its primary sites for the new $17 billion chip plant. This could generate nearly 1,800 jobs.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
A Peer Knowledge Resource – By the CXO, For the CXO.
Expert inputs on challenges, triumphs and innovative solutions from corporate Movers and Shakers in global Leadership space to add value to business decision making.Media@EnterpriseTalk.com