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
Non Farm Industries Labor Market Unlock 5 Facebook Data Maids Indo-Tibetan Tejas Fighters Pune Jobs UK Coimbatore Revenue In India New Delhi Jobs In The US Blue-collar Jobs Delhi Police Unemployment In India Japanese Lang Delhivery Cryptocurrency India Class Of 2020 In India Village Economy Samsung Electronics 2022 Budget Air India Train Union Powerloom Workers Engineering Institutions Platform Economy Careers Amazon Staffs Concentrix Corporation Job Vacancy Project Managers BPO Hiring Online Exams REET 2021 Automation Jobs AQEES Data Marketing Jobs Telangana Universities Coding Kerela ISRO Jobs Job Opportunity Automation Skill Gap In India Jobs In Germany Startups Deloitte Mining
Articles

I-9 Compliance for Remote Employees - A Guide for Companies

More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...Read more

The Future of Gig Employment

There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...Read more

Let's Talk about the Hustle Economy

With the COVID-19 outbreak, it has increased manifold, owing to the rise in remote working. It’s be ...Read more

Hiring Secrets of The Most Successful Companies

A successful company not only has growing revenues, but it also boasts of a brilliant workforce. Ma ...Read more