HelpWanted.com

Samsung to create 2,000 jobs in Texas with $17 billion chip factory

Samsung to create 2,000 jobs in Texas with $17 billion chip factory

Samsung plans to build a $17 billion semiconductor manufacturing facility in Texas in an effort to tackle the global chip shortage. The South Korean electronics giant announced their largest-ever investment in the US and said on Tuesday that the factory would directly create 2,000 high-tech jobs and thousands more in the economy once it is fully operating. The facility is expected t fully run operations by the second half of 2024. Kinam Kim, Vice Chairman and CEO of Samsung Electronics said in a statement, "With greater manufacturing capacity, we will be able to better serve the needs of our customers and contribute to the stability of the global semiconductor supply chain."

The company also said that it chose the city of Taylor in Texas for the new plant based on many factors including proximity to Samsung's current manufacturing site in Austin, the local semiconductor ecosystem and government support. The site in Taylor will span more than 5 million square meters and is expected to serve as a key location for Samsung's global semiconductor manufacturing along with its latest new production line in Pyeongtaek, South Korea. 

Source: CNN 

Tags In
Jobs For Disabled Ease Of Business

Previous days news

Nov 24 Nov 23 Nov 22 Nov 19 Nov 18

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
Experience Migration Worker Union Govt Wage Subsidy Urdu Job Fair MGNREGA Jobs In 2021 Entrepreneurship Pandemic Kashmir Govt Jobs In Mumbai Union Budget Labour Market Job Marketx Customer Service Jobs SWAN Ministry Of Finance Macroeconomics Gujarat Package H-1B Visa Freelance Increase In Workers 2021 Jobs Healthcare Jobs Canara Bank Economic Struggle Oppo Jobs In Germany APSC Non Farm Industries Counselling IoT Paramedical Professionals Recession Househelp Teacher Jobs Google Jobs ICICI Bank Jobs At Flipkart Salary Delay Work Travel Labour Shortage Digital Transformation Congress White Collar Jobs Farmers Lockdown Restrictions Eased Beauty Industry ABRY IT Jobs 2021
Articles

These Companies Are On Holiday Hiring Spree-Are You Ready?

The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...Read more

Gig Economy and Its Impact on Staffing Firms

With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...Read more

Did You Lose Your Job During COVID-19? Here’s What to Do

First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...Read more

A Quick Look at The Great Resignation

The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...Read more