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Samsung to build second Texas chip plant
Samsung Electronics Plans to Build Its Second Semiconductor Factory, Known as "Taylor Fab 2," in Taylor, Texas, USA. Construction is expected to begin by the end of 2026, with mass production anticipated to start in 2030. This move is part of the company's strategy to expand its manufacturing capacity for advanced technologies, such as 2-nanometer processes, with a focus on producing high-value chips using 3-nanometer technology, and to meet the increasing customer demand for smaller, more efficient devices. Samsung also aims to expand its supply agreements with data center and AI companies to support its medium- and long-term growth strategy.
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