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Last updated: 09 Jul, 2024  

Samsung.9.Thmb.jpg Texas governor visits Samsung Electronics' chip facility

Samsung.9.jpg
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» India 2nd in consumer demand of gold globally, RBI reserves rise to 880 tonnes
» Piyush Goyal to reach New Zealand tomorrow to speed up trade talks
» PM Modi inaugurates ESTIC 2025, launches Rs one lakh crore RDI Scheme Fund
» FM Sitharaman embarks on Bhutan visit to deepen economic, developmental cooperation
» Trump, Xi agree on one-year rare earth supply deal amid easing trade tensions
IANS | 09 Jul, 2024

Texas Governor Greg Abbott visited Samsung Electronics’ semiconductor facility in South Korea on Tuesday, expressing his appreciation for the company's investments in the U.S. state.

He toured Samsung's Pyeongtaek Campus, located approximately 60 kms south of Seoul, looking around the chip production line and various products, according to industry sources.

Samsung Electronics officials, including Vice Chairman Jun Young-hyun, who heads the tech giant's semiconductor business, accompanied him, reports Yonhap news agency.

The Texas governor thanked Samsung Electronics for its commitment to investing a total of $40 billion in facilities in Taylor and Austin, Texas, by 2030.

The South Korean company has operated in the US state for 27 years.

Before his visit to Samsung Electronics, Gov Abbott met with officials from SK Signet on Monday.

The South Korean company has invested $37 million to establish a new electric vehicle charger manufacturing facility in Plano, Texas.

--IANS

 
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