Samsung’s Texas plant cost rises above US$25bnReuters, WASHINGTON, SAN FRANCISCO and SEOULA chip plant that South Korea’s Samsung Electronics Co is building in Taylor, Texas, would cost the world’s biggest memorychip maker more than US$25 billion, up more than US$8 billion from initial forecasts, three people familiar with the matter said. “The higher construction cost is about 80 percent of the cost increase,” one of the sources said. Photo: Reuters“The newly estimated cost could go up even more if the construction of the Taylor plant gets delayed,” a second source said, adding that the estimate could be fluid. “The later the plant is completed, the higher cost we would be looking at,” they said. 2 contract chip manufacturer, announced its Taylor plant in 2021.

Source: Taipei Times March 17, 2023 05:25 UTC