Samsung's Upcoming US Chip Plant Cost Said to Rise to More Than $25 Billion: All Details - NEWS IN MALAYALAM

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Thursday, March 16, 2023

Samsung's Upcoming US Chip Plant Cost Said to Rise to More Than $25 Billion: All Details

Samsung's upcoming chip plant in Texas will cost more than $25 billion (roughly Rs. 2,06,660 crore) to build, pushing up the cost of what are already high spending plans for the South Korean conglomerate. Most government grants will only cover up to 15 percent of the cost of new plants, US Commerce Department officials said early this month. Samsung is said to be rush...

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