April 9, 2024 /SemiMedia/ -- According to reports, Samsung Electronics plans to increase its investment in Texas to approximately US$44 billion.

The report pointed out that most of Samsung's new expenditures will be in Tyler. Samsung Electronics has built a chip factory near existing local facilities and now plans to build another chip manufacturing plant and an advanced packaging plant.

According to previous reports, the United States plans to provide more than $6 billion in funding to Samsung to help it further expand its scale beyond the initially announced construction projects in the United States.