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SSNHZ Samsung Electronics Company Ltd (PK)

0.00
0.00 (0.00%)
27 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Samsung Electronics Company Ltd (PK) USOTC:SSNHZ OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 719.63 1,100.01 0.00 22:00:01

Samsung Looks to Invest $10 Billion to Build New Texas Chip-Making Plant, Bloomberg Reports

22/01/2021 10:06am

Dow Jones News


Samsung Electronics (PK) (USOTC:SSNHZ)
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From Dec 2019 to Dec 2024

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-- Samsung Electronics Co. is looking to invest more than $10 billion to build a new chip-making plant in the U.S., Bloomberg reports, citing unnamed sources.

-- The South Korean memory chip and smartphone maker is in talks to locate a site in Austin, Texas, and the facility is expected to be capable of making chips as advanced as 3 nanometers in the future, Bloomberg reports.

-- The firm preliminarily aims to begin construction this year, install major equipment from 2022, and start operations as early as 2023, according to Bloomberg.

 

Full story: https://bloom.bg/2NiVajE

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

January 22, 2021 04:51 ET (09:51 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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